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4 Under the Radar Software Stocks to Buy Now By StockNews

by Mike Robinson

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© Reuters. Four Stocks of Under the Radar Software to Buy Right Now

Because of the ongoing digital transformation and remote working, it is likely that the software industry will grow over the next few months. It could make sense to invest in quality stocks like Trend Micro (OTC) and Manhattan Associates (NASDAQ). American Software ChannelAdvisor, (NASDAQ:), and ChannelAdvisor, (NYSE:). These stocks, which are not widely known by the public, can capitalize on the industry’s tailwinds. Software solutions will be highly in demand. Cloud-based services are expected to be in high demand as many companies extend their work-from home hours.

The software industry is still under threat from cyber-attacks and growing cyber security threats. However, consistent innovation and improvements should drive the industry’s growth amid the rapid digitalization across sectors. Statista predicts that the market for software will grow by 7.22%, to $823.71 million in 2026.

It is possible to make a profit by betting on software stocks, such as Manhattan Associates, Inc., Trend micro Incorporated, TMICY, American Software, Inc., ChannelAdvisor Corporation, and American Software, Inc. Although they may not make headlines daily, these stocks are well-positioned for the industry’s tailwinds.

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