With growing optimism surrounding the market’s rebound, the software sector is well-positioned to capitalize on the industry’s tailwinds and witness significant growth. Therefore, investors looking to buy and hold quality software stocks forever could consider GoDaddy Inc. (GDDY) and Commvault Systems, Inc. (CVLT) this week.
Software shares were hit particularly hard by the Fed’s dramatic pace of rate increases over the past year, a tough medicine many tech companies and investors swallowed.
