7investing Lead Advisor Anirban Mahanti's top stock to buy in February 2022 is an excellent software business that has the potential to become an iconic company in the fullness of time.
February 1, 2022
7investing Lead Advisor Anirban Mahanti’s top stock to buy in February 2022 is a founder-led software as a service business known for its rapid pace of product innovation. Product innovation has resulted in rapid expansion of their total addressable market. The company has also delivered strong growth and shown strength on the enterprise sales front. This company’s platform is not just sticky, it is also one that will be difficult to replicate. With the recent sell off in software stocks, we have an opportunity to add this iconic business in the making at a very good price.
Hi, I am Anirban Mahanti, Lead Advisor at 7investing.
The past few months have been rough for technology stocks. The sell-off isn’t evident if one looks at the mega-caps like Apple or Microsoft, which have helped the major indices hide the pain felt in some parts of the market.
Volatility is indeed painful, but it also offers opportunity.
Today, many companies with excellent margin profiles, sticky products (and thus revenue), high growth, and long runways are available at attractive prices.
And so, this month, I went searching for software businesses that have built a reputation for product innovation, brilliant go-to-market strategy and demonstrated strong enterprise customer growth. I looked far and wide for companies operating in huge and growing markets. After running the ruler on several strong candidates, for February 2022, I settled on what I believe is a great software company. One that is already an excellent business but can be iconic in the fullness of time.
If you would like to know the name of my top stock idea for February 2022, go to 7investing.com/subscribe or click on the link at the bottom of this video.
I am Anirban Mahanti. We are 7investing.