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SaaS Stocks from Tiger Brokers List: Which Ones Are Worth Buying?
By Seedly  •  August 30, 2021
SaaS (short for “software as a service”) companies deliver software applications over the internet, typically as a subscription. An example of such a company is Adobe (NASDAQ: ADBE), which transitioned from selling software via the old-school CD-ROMs to delivering its products online. The advantage of having a SaaS business model for companies is that there’s a recurring revenue element, and companies can better predict their cash flows. For the consumer, instead of having to fork out lots of money up front to purchase a product, the cost is now broken down into more sizeable bits. Win-win. The SaaS industry is still in its early innings, and there’s still much more room for growth. One data shows that the market is expected to reach US$436.9 billion in 2025, growing at a compound annual growth rate (CAGR) of 12.5%. List of SaaS Stocks Recently, I noticed that the Tiger Brokers app has a feature called “Hot Collections” containing various themes of stocks....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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