'Embrace the suck': What investors need to know about the software stock slump

The tech-heavy Nasdaq declined nearly 5% in the past month, closing on Thursday at 13,219.83, and software has especially been in the crosshairs. Salesforce stocks have seen declines of more than 8% over the past month and even the biggest software names such as Microsoft "In our view, the analyst day provided a good incremental update on Intuit’s platform and AI strategy," William Blair's Matthew Pfau wrote on Sept. 29.

TD Bank stock and another two value stocks that Canadians would be wise to buy on further weakness. The post 3 Stocks to Buy Every Time They Go on Sale appeared first on The Motley Fool Canada.These two passive-income stocks may not offer the highest dividend yield but certainly offer strong long-term returns for your TFSA! The post TFSA Passive Income: 2 Stocks to Buy and Never Sell appeared first on The Motley Fool Canada.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Software stocks slump: Should investors 'embrace the suck'?Software pullbacks are hitting tech stocks like Salesforce (CRM), Adobe (ADBE), and Microsoft (MSFT) in the second half of 2023. Yahoo Finance Tech Reporter Allie Garfinkle references Evercore's Kirk Materne analyst note — and the lyrical stylings of Olivia Rodrigo — as to how investors should be looking at the software space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »