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In this exclusive episode of 7investing inFocus, Lead Advisor Luke Hallard shares his research on the stock performance of SaaS, some interesting business metrics to consider, and three investment ideas in this space for investors to consider.
If you are looking to invest in one of the market’s best-performing sectors, then look no further than Software as a Service!
Recently, technology and research advisory firm IDC wrote that spending on shared cloud services totaled $385 billion in 2021 and will see a compound annual growth rate (CAGR) of over 21.0% through 2025, reaching $809 billion. Considering the incredible growth this industry has seen over the past decade, it’s no surprise that this market sector continues to remain attractive to investors due to its predictable and recurring revenue, flexible and cost-efficient products, and scalability.
In this exclusive episode of 7investing inFocus, Lead Advisor Luke Hallard shares his research on the stock performance of SaaS, some interesting business metrics to consider, and three investment ideas in this space for investors to consider.
Current 7investing members: click here to unlock three of the Saas stocks on Luke’s watchlist
Friends of 7investing: click here to join our free email list, and we will send a copy of Luke’s presentation directly to your inbox!
