There’s something that Netflix, Spotify, LinkedIn and Slack all have in common.
They’re using a sophisticated technology called Software-as-a-Service, or SaaS, to drive their businesses.
SaaS cloud-based software is helping large and small businesses alike:
- Save money.
- Streamline their services.
- Retain customers and get new ones.
And the best part?
Despite the threat of a recession, the SaaS market is still growing:
From $247 billion in 2021 to a projected $537 billion by 2026!
Today on Mega Trend Thursday, I’m going to reveal my #1 SaaS stock pick for 2022.
Not only is it 5X bigger than its top rival, but it’s also set to double its yearly revenue by 2027.
Watch the video below to find out more!
(If you’d like to read a transcript, click here.)
In case you missed it:
On Tuesday, I discussed how Lithium-ion rechargeable batteries offer a key investment in new energy for 2022.
Ian King talks about central banks, and why we’re experiencing a “crypto renaissance.”
Until next time,
Director of Investment Research, Strategic Fortunes
Disclaimer: We will not track any stocks in Winning Investor Daily. We are just sharing our opinions, not advice. If you want access to the stocks in our model portfolio with tracking, updates and buy/sell guidance, please check out Strategic Fortunes.