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Home » 1 Rebounding Software Stock Could Be Great, the Other a Dangerous Value Trap. Which Is Worth Buying?

1 Rebounding Software Stock Could Be Great, the Other a Dangerous Value Trap. Which Is Worth Buying?

    The bear market of 2022 was especially unkind to many cloud software stocks, but things started to look up for some of them in 2023. As measured by the First Trust Cloud Computing ETF, the cloud software stock sector is up over 30% through the first nine months of 2023. Alteryx (NYSE: AYX) got some bullish sentiment in the last month, including an analyst upgrade.

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