If you’re a growth investor, the software-as-a-service (SaaS) sector should be familiar to you. SaaS businesses operate using a subscription model and deliver their services using cloud computing. Such companies bill their clients on a periodic basis which may be as long as a year ahead, thus providing greater revenue certainty. SaaS stocks with proven business models and strong moats have experienced rapid growth in the last two years, hastened by the onset of the pandemic. However, in the last six months, growth stocks as a whole have taken a tumble. The reason? A rise in interest rates due to soaring inflation in the US, which recently hit 8.5%, the highest since 1981. Here are four SaaS stocks that are trading close to a year-low and may qualify as great potential investments to add to your portfolio. Okta (NASDAQ: OKTA) Okta provides an identity management platform for corporations and provides secure and...