3 Software Picks Poised for Accelerating Growth In 2022

3 Software Picks Poised for Accelerating Growth In 2022
Benzinga via The Epoch Times
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As the year is winding down, it’s a time when many investors scout for the next big investment opportunities that can fetch them market-beating returns.

An analyst at JPMorgan delved into the potential effect of a rising interest rate environment and inflation on the software sector, and named three software picks for 2022 that are poised for accelerated growth.

Higher Rates Could Compress Valuation

 Since 2019, interest rates have been more impactful on software valuations, as prices have hit all-time highs, analyst Sterling Auty said.