Published on 30 Dec 2023 on Insider Monkey via Yahoo Finance

15 Best Software Stocks to Buy Now According to Coatue Management

In this piece, we will take a look at the 15 best software stocks to buy now according to Coatue Management's 13F portfolio. If you want to skip our overview of Coatue Management's 13F portfolio, then you can take a look at the 5 Best Software Stocks to Buy Now.

Thanks to the digital transformation gaining traction in almost every corner, the world is slowly becoming a global village. A shift to cloud-based solutions, automation of various sectors, and adoption of digital products are some of the transformations taking shape. Amid the ever-growing demand for digital transformation and widespread adoption of cloud solutions, the software industry is on a roll.

The software has become an integral part of technological innovation as it runs devices and applications and is used in managing infrastructure. Enterprises are increasingly shifting from traditional software applications to cloud-based software solutions as they look to take advantage of the benefits in play. The software market is projected to expand in the coming years due to the increased demand for software solutions for enhancing operations in the banking, retail, and healthcare sectors.