Top Software Stocks Migrate From Desktop To The Cloud

By | December 10, 2015

Scalper1 News

Leading software developers increasingly see their future in the Internet cloud instead of on desktop computers, and investors appear to agree. IBD’s nine-stock desktop software industry group jumped to No. 19 out of 197 as of Thursday, up from No. 42 six weeks ago, after rebounding from a summer swoon. The group is up about 15% this year, while the S&P 500 is roughly flat. The industry’s three top stocks — Red Hat (RHT), Adobe Systems (ADBE) and Scalper1 News

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