The world of technology has seen unprecedented growth in recent years, with software playing a pivotal role in the digital transformation of industries across the globe. As a result, the demand for software products and services has skyrocketed, making software stocks an attractive investment option for those looking to capitalize on the industry’s growth potential.
Here are three “Strong Buy” software stocks from Wall Street –
Adobe Inc. – SYM: ADBE
Recent Price: $572.32
Price Target: $657.85
Firms with Buy Rating: Piper Sandler, Wells Fargo, Jefferies
Description: Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
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Many of these companies might appear to be nothing special at first glance. Others might be names you had heard of before and decided to pass on, but financials don’t lie.
The companies on this list print billions of dollars of cash each year in profit showing no sign of slowing down.
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Salesforce, Inc. – SYM: CRM
Recent Price: $252.93
Price Target: $278.63
Firms with Buy Rating: Morgan Stanley, Wolfe Research, Jefferies
Description: Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company’s service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer service and support at scale. In addition, its platform offering comprise a flexible platform that enables companies of various sizes, locations, and industries to build business apps with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement. The company’s marketing services enables companies to plan, personalize, and optimize customer marketing journey and real time personalization and optimization; and commerce services, which empowers shopping experience across various points of commerce, such as mobile, web, social, and stores and provides click-to-code tools that offers customers to build and deploy solutions. Further, its analytics offering includes Tableau, an end-to-end analytics solution for range of enterprise use cases and intelligent analytics with advanced AI models, spot trends, predict outcomes, timely recommendations, and take action from any device; and integration service including MuleSoft, an easy to connect data from any system to deliver connected experiences. Additionally, the company provides genie customer data cloud, a hyperscale real-time data platform that powers the customer 360 platform; vertical services to meet the needs of customers in industries, such as financial services, healthcare and life sciences, manufacturing and others; and offers salesforce easy for small and medium-sized businesses. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.
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The #1 AI Stock NOBODY Has Ever Heard Of…
The Man Who Correctly Called 4 of the Top 6 Performing Stocks of This Century… Now Says This Obscure AI Stock Will Be the Biggest Winner of the AI Revolution.
The Reason Why Will Surprise You.
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Intuit Inc. – SYM: INTU
Recent Price: $590.95
Price Target: $643.63
Firms with Buy Rating: Morgan Stanley, Wells Fargo, Piper Sandler
Description: Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.
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Elon Musk: “Go F— Yourself!”
When you’re the richest man in human history, you can say exactly what you think. That’s why Elon Mushk recently told the CEO of Disney, “Go f— yourself.” Because he’s THAT rich…And you know what promises to make Elon the world’s first trillionaire? His new AI startup. That sounds crazy, but consider his last three startups: PayPal, SpaceX , and Tesla. Because it promises to be 100X stronger than ChatGPT. Watch this 2-minute video demonstration of Elon’s AI in action.
Click here right now to see Elon Musk’s AI LIVE DEMONSTRATION.