2 Software & Services Stocks with Strong Growth Prospects

The outlook for the Internet-Software & Services industry reflects a slowing economy. The industry is highly correlated to the economy and estimates have been coming down over the past year, as concerns over an economic slowdown continued to grow. We are also seeing industry revenue and EBIT flatlining year on year with available cash also appearing to be under some pressure. In this background, companies like Okta (OKTA) and Globant (GLOB) are shining through for a number of reasons. First, they have adopt ...