1 Software Stock to Keep an Eye On and 2 We Turn Down

From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 15.8% over the past six months. This drop is a far cry from the S&P 500’s 7.9% ascent.