The rising use of software in most businesses and the growing popularity of flexible software solutions are expected to drive growth in the software industry. So, investors could consider A-rated software stocks VMware, Inc. (VMW), Informatica Inc. (INFA), and Pegasystems Inc. (PEGA). These stocks are A-rated in our proprietary rating system.
The software market is driven by the rapid increase in enterprise data volume and the automation of business processes across end-use industries such as retail, manufacturing, healthcare, and transportation. The increased deployment of enterprise software and services across IT infrastructure to facilitate better decision-making and improve market position for businesses is also expected to benefit the market.
