The iShares Expanded Tech-Software Sector ETF (IGV) is recommended as a single-ticket way to invest in enterprise software, viewed as the backbone of AI.
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Here are 7 software stocks to consider buying right now: Saaspocalypse fears have left software stocks extr...
The creator presents 7 software stocks and an ETF that they believe are undervalued and poised for growth due to the increasing integration of AI. The reel highlights specific companies like ServiceNow, Palantir, Oracle, CrowdStrike, Microsoft, and Adobe, along with the iShares Expanded Tech-Software Sector ETF (IGV).
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The iShares Expanded Tech-Software Sector ETF (IGV) is recommended as a single-ticket way to invest in enterprise software, viewed as the backbone of AI.
Adobe is a buy despite recent AI disruption fears, showing strong EPS growth, a large buyback program, and monetization potential with Firefly, with earnings on June 11th as a potential catalyst.
Microsoft is a top pick for its ownership of both the AI platform and distribution, with strong Azure growth, significant Copilot adoption, and widespread enterprise AI service usage.
CrowdStrike is a buy, having surpassed $5B in ARR, announced a stock split, and positioned itself as essential AI security infrastructure.
Oracle is a buy as it transitions to an AI infrastructure player with accelerating cloud revenue and positive analyst sentiment ahead of its June 10th earnings.
Palantir is recommended for purchase as a pure-play AI decision intelligence company with strong government contracts and rapidly growing commercial AIP business.
ServiceNow is a strong buy due to its AI capabilities, with Now Assist projected to generate $1.5B in AI revenue this year and a $30B subscription target by 2030.