Software Stocks Show Signs of Recovery Amid AI Concerns, JPMorgan Highlights Key Names
Software stocks, represented by the iShares Expanded Tech-Software ETF (IGV), are showing signs of recovery after a prolonged decline, with several key names breaking out. JPMorgan's technical strategist, Jason Hunter, highlights Oracle, Microsoft, Palo Alto Networks, and CrowdStrike as potential leaders in this rebound.
Tickers: $CRWD $IGV $JPM $MSFT $ORCL $PANW
Topics: AI impact ETF performance SaaS software sector stock price movement