1 Software Stock with Solid Fundamentals and 2 We Turn Down

From commerce to culture, software is digitizing every aspect of our lives. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital. But this was a double-edged sword as the high prices exposed them to big drawdowns, and unfortunately, the industry has tumbled by 3.2% over the last six months. This drawdown is a noticeable divergence from the S&P 500’s 10.9% return.