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Puru Saxena: Software sector attracts buyers as semiconductor stocks pause

Puru Saxena: Software sector attracts buyers as semiconductor stocks pause
Software stocks see renewed buying interest

Puru Saxena, investment commentator and ex-fund manager, observes that software stocks are seeing renewed interest as memory and semiconductor shares consolidate gains.

Saxena highlights that quality software companies appear attractively priced and could generate strong returns for shareholders over the next 12 to 18 months.

Earlier this month, Saxena reported selling 40 percent of his position in an AI stock after achieving over 100 percent gains and raising additional cash in a separate move. In May, he noted that software and cybersecurity stocks rebounded as some companies exceeded revenue estimates and lifted guidance following strong earnings. Saxena continues to monitor valuation trends across the sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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