Bullish On Software Stocks: CRM, MSFT

"Higher interest rates, inflation, massive and rapid swing to risk-off mode by investors is what is happening in cloud stocks today," says John Freeman. He also states that cloud-based providers hold even greater potential to increase profitability by optimizing for it. Cloud stocks include CRM, NOW, MSFT, TEAM, and MANH, which were all up today.

Market On Close

18 Mar 2022

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