In April, a tariff scare dubbed “Liberation Day” caused a market dip, reigniting fears of a similar fallout due to recent tariff talks. President Trump extended the initial tariff pause to Aug. 1, but new tariffs, like those on copper, are already affecting the market.

Software stocks, like Okta (OKTA), are largely unaffected by tariffs. Okta saw a 12% rise in Q1 revenue to $688 million, with subscription revenue hitting $673 million. The company closed Q1 with $2.725 billion in cash and modest debt, projecting an operating income growth to $710-$720 million this fiscal year.

Autodesk (ADSK), a company providing engineering and design software, saw record-high revenue of $6.13 billion in fiscal 2025. Analysts project a 16% upside with a mean price target of $339.58, expecting further growth from the onshoring trend.

CrowdStrike (CRWD), with a 370% stock increase in the past five years, is well-positioned to continue its growth. The company’s cloud-native, subscription-heavy model shields it from trade friction, with a mean price target of $483.86 and potential to reach $575.

Read more at Yahoo Finance: 3 Software Stocks to Buy Now If You’re Worried About Tariffs