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Thanks to rapid growth in cloud computing and artificial intelligence (AI) applications, software stocks are all the rage these days. But while some software stocks still have plenty of room for expansion, others may have already passed their peak growth years. So, how should investors identify the best software stocks to buy right now?
Well, analysts at Baird recently named their top software stock picks for 2024 - and based on the consensus among other Wall Street experts, it looks like experts have high hopes for software stocks Snowflake (SNOW), MongoDB (MDB), and Dynatrace (DT), in particular.