r/investing
Want to invest into software , help me out
Seeking 5-10 beaten-down, high-quality software stocks to hold 10+ years, asking for opinions on INTU, CRM, ADBE, MSFT, etc.
- The entire software sector is currently down, presenting a buying opportunity for quality names.
- Investing in a basket of 5-10 names helps mitigate individual stock risk over a 10+ year horizon.
- Certain newer software companies lack a proven track record and may not survive the next 10 years.
- Some top-tier software stocks haven't experienced significant drawdowns, reducing the margin of safety.
I usually find best results from investing in buying beat up but quality names so far. Usually its easy to pick up name like MMM or UNH, INTC but this time the whole software sector is down and It is a but harder to pick one or two names so I would like to buy something like 5-10 names and split the risk a little bit.
What would be your top 10 picks for something like this to hold for 10years+ ?
I really like INTU , CRM , FISV , FIS
not teally sure about ADBE
MSFT SAP NOW and ORACLE dont seems to be that down so far?
what about monday.com or path ? These sre not exactly proven or long standing ones but could be good runners if they still exist in 10 years?
any insight would be greatly appreciated