3 Software Stocks to Buy in a Challenging Industry

The Zacks Computer Software industry is benefiting from the continued digital transformation drive. Software is ubiquitous and has become the focal point of technological innovation. Apart from running devices and applications, its usage is expanding in managing infrastructure. Moreover, the industry is benefiting significantly from the ongoing cloud transition

The role of software is evolving. Further, as more and more people work remotely due to the coronavirus outbreak, demand for voice and video communication software as well as productivity software is expected to jump exponentially. This bodes well for industry participants like Adobe (ADBE), SAP SE (SAP) and Verint Systems (VRNT).

Industry Description

The Zacks Computer Software industry comprises companies that provide software applications related to cloud computing, electronic product designing, digital media and marketing, customer relationship management, on-premise as well as cloud-based database management, accounting & tax purposes, human capital management, cybersecurity and application performance monitoring, among others.


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Panasonic to Buy Supply-Chain Software Provider Blue Yonder for $7.1 Billion

Panasonic Corp.

said it is buying U.S. supply-chain software provider Blue Yonder Holding Inc. from

Blackstone Group Inc.

and New Mountain Capital LLC for $7.1 billion in a bid to accelerate its software business.

Panasonic on Friday said the Covid-19 pandemic is leading to sharp changes in supply and demand, making  supply-chain management critical for companies.  The electronics company said it also is looking to expand recurring business in addition to hardware sales.

Panasonic said it is purchasing an additional 80% stake in the Arizona-based company that it didn’t already own.

Panasonic took a 20% stake in Blue Yonder in July, deepening the companies’ relationship as they jointly develop digital technology for managing logistics, retail and manufacturing operations.

Panasonic’s imaging technology, for example, can be used to monitor inventory levels

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Best Stocks To Buy Now? 4 Software Stocks For Your Watchlist

6 min read

This story originally appeared on StockMarket

4 Top Software Stocks To Watch In The Stock Market Today

However you look at it, the world today relies heavily on the software industry. As a result, software stocks are still among the most active stocks on the stock market today. Indeed, this would be the case seeing as software not only fuels most of our tech but also works to improve and drive innovation overall. Given the versatility of the software industry, I can understand if investors are looking for the top software stocks now.

Whether it is quantum computing, artificial intelligence, or even cloud computing, they all rely on software to an extent. Moreover, the software industry continues to ride the current pandemic tailwinds as organizations remain dependent on Software-as-a-Service (SaaS) players now. For one thing, corporate spending on enterprise software surged over

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Mastercard to buy digital ID verification firm Ekata in $850 million deal


China’s Xi to Deliver Speech; Fast Money Inflows: Boao Update

(Bloomberg) — China’s President Xi Jinping will address the annual Boao Forum Tuesday and his video speech will touch on the risks and challenges the world is facing, and what solutions his country offers to overcome them.China’s top financial watchdog is keeping a close watch over hedge fund inflows to safeguard financial stability as the nation seeks to attract foreign capital and opens its capital markets, Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said at the forum on Monday.Chinese government officials and business leaders are gathered this week on the tropical island province of Hainan for the forum, with discussions encompassing topics from digital currencies to carbon neutrality and the economic outlook for a post-pandemic world. Billed as an Asian version of the World Economic Forum, the event kicked off Sunday and is slated to run

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