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Because COVID-19 cases are rising again, several countries are reintroducing social distancing and travel restrictions. Given this backdrop, remote working should continue for the next few months at least. Also, the ongoing digital transformation in almost every sector is expected to accelerate the software industry’s growth.
Therefore, we believe that fundamentally sound stocks Adobe Inc. (ADBE), Constellation Software Inc. (CNSWF), NICE Ltd. ADR (NICE), and PTC Inc. (PTC), which have overall A (Buy) ratings in our proprietary POWR Ratings system, could continue advancing.
