Software stocks might not be a very popular way to play the artificial-intelligence trade today, but that could soon change.
Prominent software stocks such as Salesforce
CRM and ServiceNow NOW have fallen by more than 20% this year due to fears that AI will hurt their business models. And while Oracle ORCL and Microsoft MSFT shares have fared better and are in the green for the year, they’ve still underperformed the S&P 500 SPX.
Why Oracle and these 3 unloved software stocks could be the next leg of the AI trade
Published:
Software stocks might not be a very popular way to play the artificial-intelligence trade today, but that could soon change.
Prominent software stocks such as Salesforce
CRM and ServiceNow NOW have fallen by more than 20% this year due to fears that AI will hurt their business models. And while Oracle ORCL and Microsoft MSFT shares have fared better and are in the green for the year, they’ve still underperformed the S&P 500 SPX.
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