How to invest in US cloud software stocks? Piper Sandler strongly recommends "MAC"
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Piper Sandler strongly recommends Adobe, MongoDB, and Salesforce as the top choices for cloud software investments. Analyst Brent Bracelin suggests investors to increase their investments in these three stocks, despite their prices still being below the 52-week high. MongoDB is expected to recover from its low point, while Adobe is poised for a rebound with new AI products. Salesforce has declined in the past six months but still has upside potential. Piper Sandler has assigned a "neutral" rating to all three stocks and set target prices
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