3 Best Software Stocks to Buy in 2022 and Beyond

Software stocks led the market higher in 2020 and 2021 as software-as-a-service companies could seemingly do no wrong in the eyes of investors. However, after two years of incredible performance, these stocks have taken a big hit in 2022 as investors worry about inflation and interest rate hikes.

While sentiment has shifted for now, many software companies are still great businesses to own for the long term because they feature strong margins and durable recurring revenue -- the types of companies you want to have in your portfolio a decade from now.

Let's look at three of the top software stocks to buy and hold for 2022 and beyond.

Source Fool.com