Comment on Some software stocks may be even less desirable in a rebounding market

Some software stocks may be even less desirable in a rebounding market

Analysts have been busy rejiggering their ratings on software stocks for the new year, betting on more artificial intelligence and an end to the slump in cloud software. Some recent developments suggest the beleaguered software group of stocks may be coming back into favor, as I noted a couple weeks ago following positive responses to both Snowflake and Elastic.

 

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