Software stocks like Datadog, HubSpot, and Microsoft offer growth potential, Datadog rated highly by Gartner.

From Nasdaq: 2024-10-13 05:50:00

Most technology and software stocks have hit record highs, but some software stocks are lagging despite potential upside. Datadog, with observability software highly rated by Gartner, offers growth potential with 24% revenue improvement expected this year and earnings growth projected. HubSpot competes with Salesforce and has strong growth potential with 19% expected top-line growth this year. Microsoft, though facing competitive concerns in AI, remains a solid investment with cloud business growth and strong revenue and earnings growth expected in the coming years. Analysts still rate Microsoft as a strong buy with a consensus-price target nearly 20% above the current price. Consider these underperforming software stocks for a potentially lucrative opportunity.



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