DBX - 2 Best Software Stocks to Buy in 2022 and Beyond
The software industry broadly has had a rough go of it as of late. In fact, the iShares Expanded Tech Software Sector ETF (NYSEMKT: IGV) , which closely tracks the returns of most U.S.-traded software stocks, has declined by more than 25% over the last four months.
With this rapid decline spanning the entire sector, many companies have taken part in the sell-off despite posting impressive financial results. Two, in particular, are Procore Technologies (NYSE: PCOR) and Dropbox Inc. (NASDAQ: DBX) . Let's see why this recent turbulence is providing good entry opportunities for both of these companies.
Image source: Getty Images.
For further details see:
2 Best Software Stocks to Buy in 2022 and Beyond