AI Shifts Create Selective Opportunities for Beaten-Down Software
Software stocks have been crushed, but analysts see selective opportunities as AI fears ease. Focus areas include infrastructure software, cybersecurity and HR/payroll software, which are viewed as more resilient to AI disruption. Analysts suggest a reset in valuations may create buying opportunities, with top picks including Zscaler, Okta and CrowdStrike (along with other names like SailPoint, Rubrik and SentinelOne) as investors hunt for durable exposure.