Software is an undervalued space. After being punished by the rise of AI with people claiming the end to their MOAT (I believe not yet) they have seen a beating. Companies like CRM and ADBE have since started buy backs. Notable is how CRM is aggresively doing just that and while it is sitting at undervalued levels as well I am liking these oversold software stocks! A bounce is on the way soon I believe as we will see normalisation come back after AI wasn't that disruptive to their business models ..
Sonny MulderShare
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