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StockNews.com
StockNews.com
Business
Nidhi Agarwal

Which Software Stock are Investors Watching: Palantir Technologies (PLTR) or Vimeo (VMEO)?

Growing digitization and increasing use of SAAS for software solutions by various companies are boosting the software industry. While Vimeo, Inc. (VMEO) could be an ideal buy, Palantir Technologies Inc. (PLTR) might be best kept on hold.

A surge in the volume of enterprise data, rising automation of business processes, and growing digitization are the primary drivers of the software market.

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