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3 Top Software-as-a-Service Stocks to Buy for the Long Haul

Leo Sun, The Motley Fool
·4-min read
3 Top Software-as-a-Service Stocks to Buy for the Long Haul

Back in the early 2000s, most software products were installed locally on PCs. This "software-as-a-service" (SaaS) model is a core pillar of the cloud computing market, and it could still grow at a compound annual growth rate of 12.5% between 2021 and 2025, according to Research and Markets. To tap into that market's growth, investors should consider buying shares of Adobe (NASDAQ: ADBE), DocuSign (NASDAQ: DOCU), and Veeva Systems (NYSE: VEEV) -- which each dominate their respective SaaS markets.

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