3 Best Software Stocks to Buy in 2023 and Beyond
Amid a rally in tech stocks, investors have again turned their attention to the software industry. This business has often driven massive gains for investors, as the cloud and applications driven by artificial intelligence (AI) have attracted more interest.
The question for investors is which software-as-a-service (SaaS) stocks will deliver market-beating returns. While no analyst can predict the future, investors could earn considerable gains in DigitalOcean (NYSE: DOCN), SoFi Technologies (NASDAQ: SOFI), and Twilio (NYSE: TWLO) as market conditions improve.
DigitalOcean is a cloud infrastructure provider targeting small and medium-sized businesses. As a company with a $4 billion market cap, it does not look like a competitive threat to the trillion-dollar tech giants that dominate the cloud business.
Source Fool.com
Twilio Inc Stock
Our community is currently high on Twilio Inc with 12 Buy predictions and 3 Sell predictions.
As a result the target price of 67 € shows a positive potential of 20.09% compared to the current price of 55.79 € for Twilio Inc.
