3 Internet Software Stocks to Buy in a Challenging Industry

The Zacks

Internet Software

industry is benefiting from accelerated demand for digital transformation and the ongoing shift to cloud. Moreover, high demand for SaaS due to increasing need for remote working, learning and diagnosis software as well as cybersecurity applications has been a major driving factor amid the disruptions caused by the coronavirus outbreak.

Industry participants like

F5 Networks


FFIV

,

Covetrus


CVET

and

Materialise


MTLS

are gaining from accelerated demand for social networking, cloud and digital services. However, a number of industry participants are dependent on advertising spending by customers, which is expected to remain sluggish due to coronavirus-related headwinds.


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