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How to make money investing in software stocks, according to Trivariate Research

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Investors looking to make money in the software space may want to consider this winning strategy, according to Trivariate Research. “Own Software stocks with low but accelerating revenue growth: Our work shows this is by far the best way to make money in software,” wrote founder Adam Parker, highlighting a basket of stocks that have already been on a tear this year. Growth stocks across the board have rallied to start the year as artificial intelligence tailwinds persist, strong earnings drive expectations for ongoing growth and recent data points to signs of a robust economy. Zscaler and CrowdStrike are among the names included, with shares up 15% and 29%, respectively, since the start of 2024. Both companies are also coming off a strong 2023 in which shares rallied 98% and 142%, respectively. The basket also mentions Cloudflare , which surged more than 29% during Friday’s session and notched its best day since November 2022 on the back of a strong earnings report . The stock’s up nearly 30% since the start of 2024. HubSpot , Five9 and Confluent were also in the basket. — CNBC’s Michael Bloom contributed reporting

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