2 Top Software-as-a-Service Stocks to Buy for the Long Haul

The software-as-a-service (SaaS) business has generated significant returns for both the technology industry and its investors. Market research firm Valuates forecasts that the SaaS market, valued at $158 billion in 2020, will grow at a compound annual rate of 12% through 2026. But many SaaS companies have dramatically exceeded this rate of increase, making them investments with great potential in today's market. 

Two companies that I expect will produce considerable returns for investors long-term are DigitalOcean (NYSE: DOCN) and Twilio (NYSE: TWLO).

Image source: Getty Images.

Continue reading

Source Fool.com