The Latest Breaking News from PRGS

Rising concerns about the Federal Reserve's interest rate increases to tame surging inflation and the Ukraine-Russia war have driven a massive sell-off in the tech sector. However, rapid digitization and robust demand for software services across various industries bode well for the overall software market. Therefore, we think it could…

Concerns over the Fed's aggressive monetary policy stance and the consequences of the Ukraine-Russia war have driven a massive tech sell-off lately. However, since the robust demand for software solutions with continuing digitization is expected to drive the industry’s growth, we think high-quality software stocks Progress Software (PRGS) and Amdocs…

The technology sector has witnessed an aggressive market sell-off since the beginning of the year, largely due to the Fed's hawkish stance. However, strong corporate earnings and increasing investments in tech upgrades should help the sector rebound quickly. Therefore, under-the-radar tech stocks Progress Software (PRGS), Rimini Street, Inc. (RMNI), and…

The pandemic-induced digital transformation trend across industries and the increasing investment in cloud-based solutions bode well for the software industry. Furthermore, analysts expect software spending to increase significantly this year. Given this backdrop, we think small-cap software stocks Progress Software (PRGS), Rimini Street (RMNI), and Commvault Systems (CVLT), which look…