
The software industry is benefiting from the growing shift to cloud-based services, automation in various sectors, increasing cyber security concerns, and the widespread use of data. Moreover, the growing adoption of advanced technologies is also boosting the prospects of the software industry.
Amid this backdrop, it could be wise to consider buying fundamentally strong software stocks GoDaddy Inc. (GDDY), Smartsheet Inc. (SMAR), and Tenable Holdings, Inc. (TENB).