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According to a Forrester’s Research report, event-driven architecture, collaborative work management, and an increase in the use of AI bots are expected in software development next year. Also, the trends in cybersecurity measures, customer retention, low-code development adoption, and other software solutions should propel the industry’s growth.
Given this backdrop, we think software stocks Asana, Inc. (ASAN) and Black Knight, Inc. (BKI), which spiked more than 10% in price last week despite heightened market volatility, could be good additions to one’s watchlist.
