1 Software Stock to Target This Week and 2 Facing Headwinds

Software is eating the world, and virtually no business is left untouched by it. This secular theme makes SaaS companies attractive investment candidates but also comes with higher valuations that cause volatility. Unfortunately, the rich prices have haunted them over the past six months as the industry has shed 25.5%. This performance was particularly discouraging since the S&P 500 held its ground.