Because the software often becomes integral to the operations of organizations that use it, customers are likely to stick with the providers they sign with, and expand their business with them over time. Three top SaaS stocks that investors should consider today are Shopify (NYSE: SHOP), Procore (NYSE: PCOR), and Twilio (NYSE: TWLO).
Online sellers growing weary of Amazon's limitations -- and competition -- are finding other means of selling their wares. Many are turning to an outfit called Shopify (NYSE: SHOP), which provides a variety of online-selling services to over 1.7 million businesses. The thing is, Shopify is still just getting started.
As stock markets have stayed near record levels, the star asset manager's ARK Invest funds have struggled.