- Investment Literacy Coach
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- Jan 16 What the movement in SaaS stocks tells us
Market
“Software stocks have been trending lower for over 7-12 months now with $ADBE ( ▼ 2.62% ) $CRM ( ▼ 2.75% ) $HUBS ( ▼ 5.27% ) $DUOL ( ▼ 2.76% ) and others down 30%-70% off their highs.” 😊 😋
Markets were mostly muted, even with Greenland, Iran and Venezuela news for the week
Most SaaS companies will be ok, but the move towards “Vibe coding” has many investors spooked about the growth in SaaS businesses. The fact that many users can “build their own CRM or their own apps” is the cause for most Software stock downdrafts”.
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Insights from the portfolio
Video of the day
Today’s video is on Microsoft $MSFT ( ▲ 0.7% ) the software company.
