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The growing need for advanced software products and services in almost every industry should help the software industry keep growing in the coming months. According to Grand View Research, the global business software and services market is expected to grow at an 11.3% CAGR between 2021 – 2028.
Therefore, we think it could be wise to scoop up shares of quality software stocks Open Text Corporation (OTEX), PTC Inc. (PTC), and Progress Software Corporation (PRGS), which are expected to rally in price in the coming months.
