2 Software Stocks That Could Help Make You a Fortune
Growth investors have experienced significant volatility since the beginning of 2020. The dramatic recovery from pandemic lows gave way to painful declines in the 2022 bear market.
While the slump affected almost every growth tech stock, the stocks with true long-term growth potential became a bit more obvious after last year's trial by fire. That's when investors saw companies like Snowflake (NYSE: SNOW) and The Trade Desk (NASDAQ: TTD) prove their value by continuing to perform well. These two stocks could help their investors make a fortune over the next several years and both stocks currently sell at significant discounts from their 2021 highs.
Data is critical to companies operating in the cloud. The ability to safely store and manage data from one centralized location is invaluable as it helps protect data integrity and ensures that only designated people or groups have access to an enterprise's valuable information. Large cloud companies, including Amazon and Microsoft, offer data cloud products on their proprietary servers and many companies turn to multiple cloud providers to handle their various data storage needs. But that creates issues when you want to combine various data together to fully analyze it.
Source Fool.com
