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.

Continue reading


Source Fool.com