2 Top Software Stocks to Buy for the Long Haul
A lot of software companies have been on a wild ride these past few years, swinging between surges and plunges in true growth stock nature. As the world becomes more digital-dominant and cloud-based, software companies will likely become more common -- some with long-term potential as companies, many without it. The key is investing in the former.
Here are two software stocks you can feel comfortable holding on to for the long haul.
Snowflake (NYSE: SNOW) is a company aiming to have an all-in-one data ecosystem. It began with its flagship data warehousing platform, which lets companies analyze data from most major cloud platforms like Amazon Web Services and Azure. It's since introduced a similar platform aimed at letting software engineers cross-collaborate between programming languages, and now it has its eyes set on artificial intelligence (AI).
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.52% for Microsoft Corp. compared to the current price of 394.3 €.
