3 Top Software Stocks to Buy for the Long Haul
Our daily lives revolve around software. Whether at home, work, or play, software is likely to play a vital role in our activities. Due to annual recurring revenues (ARR), profitability, and high product demand, software companies make terrific investments. These three companies should be foundational to any well-diversified portfolio.
It is tough to talk about software stocks without mentioning the world's largest software company, Microsoft (NASDAQ: MSFT). Microsoft towers among most others, with a market cap of over $2.5 trillion and fiscal 2021 revenue of over $168 billion. The company's metrics are also top-notch.
Image source: Getty Images.
Source Fool.com
