Contrarian Alert: Is It Time to Look at Software Companies?
July 21, 2024 at 07:30 AM EDT
By Christopher Gannatti, CFA, Global Head of Research Key Takeaways The market expected quick interest rate cuts in late 2023, leading to a significant drop in the U.S. 10-Year Treasury note yield and a 28.03% return for the BVP Nasdaq Emerging Cloud Index. Software-as-a-Service (SaaS) companies underperformed in the first half of 2024, with revenue [...] The post Contrarian Alert: Is It Time to Look at Software Companies? appeared first on ETF Trends .
