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Stock impact report

Raymond James Sees Strong Growth Ahead for These 2 Software Stocks [Yahoo! Finance]

Confluent, Inc. - Class A (CFLT) 
Company Research Source: Yahoo! Finance
E-commerce, data management, networking, and security systems are proving particularly popular. Cloud computing, too, is finding strong support, as it offers subscription customers a combination of cost reductions and platform flexibility. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. The upshot of this popularity is that the software market is expected to post solid growth over the next several years. According to technavio, by 2029, the sector is expected to expand by more than $30 billion, achieving a compound annual growth rate of 8.2%. Meanwhile, the North American share of the software market is expected to contribute an estimated 45% of that global growth. With that as backdrop, Raymond James analyst Mark Cash has been looking into the software industry for solid investment choices. He sees strong growth ahead for two software stocks i Show less Read more
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