2 SaaS Stocks to Buy this month, 2 to Avoid

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The global SaaS market is expected to grow at a 12.5% CAGR to $436.9 billion by 2025.

However, not all companies in this space are well-positioned to capitalize on the industry tailwinds. Efficient operations and strong financials should help QAD Inc. (QADA) and Absolute Software Corporation (ABST) soar in price in the coming months. In contrast , we think their declining financials could cause Workiva Inc . (WK) and Paycor HCM, Inc. (PYCR) to witness a downtrend in the near term.

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