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According to Grand View Research, the global business software and services market is expected to grow at an 11.3% CAGR between 2021 – 2028.
Given this backdrop, we think it could be wise to scoop up the shares of software stocks SAP SE (DE:SAPG) (SAP) and QAD Inc. (QADA) because of their solid financials and continued innovations. Both names are rated Strong Buy in our POWR Ratings system.
