2 Top Software Stocks To Buy for the Long Haul
Software companies make fantastic investments due to their favorable margin profile. They provide software, which costs little to make over the long run compared physical goods like cars. Superior margins allow software companies to expand quickly and return significant capital to shareholders once the market has been developed and profits optimized.
Two software companies to buy for the long haul are Shopify (NYSE: SHOP) and Procore Technologies (NYSE: PCOR). Both are still growing and provide software for two huge industries with expanding opportunities.
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Source Fool.com
