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StockStory identifies GitLab as a resilient software stock to consider, while flagging Elastic and Wix as names that underwhelm investors.
The analysis comes as software-as-a-service equities have gained 56.3% over the past six months, significantly outpacing the S&P 500's 12% rise during the same period.
The firm argues that while the sector benefits from broad tailwinds, artificial intelligence is eroding profits for companies with lower switching costs.
Only the strongest performers are expected to survive the long term, a distinction that drives the selection of one preferred stock and two to avoid.
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