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Add as a preferred source on GoogleSoftware Stocks Hit All-Time Highs as Equal-Weight XSW Moves Ahead
XSW’s relative performance points to strength across the software industry. The move follows Jim Cramer’s earlier description of the “SaaSpocalypse” as a canard.
Software stocks have reached all-time highs, while the equal-weight State Street SPDR S&P Software & Services ETF (XSW) moved ahead of its cap-weighted counterpart.
XSW’s relative performance points to strength across the software industry. The move follows Jim Cramer’s earlier description of the “SaaSpocalypse” as a canard, referring to concerns about software stocks.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.