When it comes to software stocks, there are a lot of options to choose from. But with so many choices, it can be challenging to know which ones are worth investing in. This article will give you an overview of the best software-application stocks for 2022. We’ll also provide some insights into the industry and the factors to consider when choosing a software stock.
ironSource (IS)
IRONSCORE is a leading Global SaaS company providing high-quality software solutions to customers across the globe. This Israeli company specializes in application delivery and data management. Its main products include App Tonic, App Cloud, and X-Ray. Ironshore’s App Tonic optimizes mobile application performance. App Cloud is a secure cloud platform for mobile app management. X-Ray analyzes mobile apps and identifies potential security issues.IRONSCORE has a strong presence in Asia, with offices in China, Japan, India, and Singapore. In other regions, the company has a large customer base in the US, UK, France, Germany, and other parts of Europe. Leading investors in IRONSCORE include Sequoia Capital and Tencent. Sequoia Capital is the same investment firm behind DENALI, one of our other top software picks. Tencent is one of the biggest internet companies in the world.
Sprinklr (CMX)
Sprinklr is a public relations software company headquartered in New York. Sprinklr helps brands manage their public relations efforts. The company provides PR software to over 5,000 customers across the world. Its main products include PR brands, PR Campaigns, and PR analytics.PR brands are a platform for managing public relations efforts. PR Campaigns let users create and manage public relations campaigns. In addition, it includes tools for managing the entire PR process. Finally, PR analytics provides metrics and insights for PR campaigns. Sprinklr’s customers include Airbnb, Netflix, Airbnb, Uber, and other leading brands. The company has a strong presence in North America, South America, Europe, and parts of Asia.
PowerSchool Holdings (PWSC)
PowerSchool is a leading software company that provides school management software. The company serves more than 40,000 schools across the globe, including elementary, middle, and high schools. Its school management software helps manage student information, administration, and school operations. PowerSchool’s main products include Online School, District, and Campus. Online School is web-based software for elementary school administration. The district is for managing district-level operations of school districts. The campus is for managing activities within a single school.PowerSchool has a strong presence across the Americas and Europe. However, the company has a growing presence in Asia and other regions.
DoubleVerify Holdings (DV)
DoubleVerify is an advertising software company. It provides digital ad verification and brand safety software to advertisers, agencies, and marketers. DoubleVerify’s main products include Verify and Brand Safety. Verify is an ad verification software used by brands to check the legitimacy of their ad campaigns. Brand Safety lets users identify and block fraudulent and malicious websites.DoubleVerify has customers across the globe, including the US, UK, and Australia. The company’s main office is in San Francisco.
Other Top Software Stocks
Other software stocks likely to perform well in 2022 include Automation Anywhere, HubSpot, and Apptio. Automation Anywhere is an AI-driven business process automation software company. HubSpot is an AI-driven marketing software company. Apptio provides cloud-based enterprise performance management software. Automation Anywhere, HubSpot, and Apptio are part of the best SaaS stocks for 2022. These companies are well-positioned to take advantage of the growing SaaS industry and increase their customer base amidst a tech shift towards cloud-based services. These three software companies are popular among investors. Each of these three stocks has a high trading volume, low risk, and high potential to grow in the future.
Conclusion
The best software stocks for 2022 are ironSource, Sprinklr, PowerSchool, DoubleVerify, and Automation Anywhere. IronSource and Sprinklr provide mobile and PR software, respectively. PowerSchool provides school management software, and DoubleVerify provides ad verification and brand safety software. These companies are well-positioned to take advantage of the growing SaaS industry. Furthermore, these software stocks have low risk and high potential to grow in the future. They are popular among investors and have a high trading volume.
Read More: Best Software-Application Stocks for 2022