Here's My Favorite SaaS Stock Now

Property technology company Latch (NASDAQ: LTCH) is a relatively small company now, but it has a massive market opportunity. With proprietary hardware and an interesting recurring revenue business model, Latch has quickly become my favorite software-as-a-service, or SaaS stock, as I (Motley Fool contributor Matt Frankel) explain in this Fool Live video clip, recorded on Sept. 27. 

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Source Fool.com