As the economy becomes more digitized, the demand for software solutions will continue to rise. That's why software stocks are often on the minds of investors. MongoDB (NASDAQ:MDB) and Cloudera (NYSE:CLDR) are two lesser known names, but still worth a look. Read more to find out which is the better stock.There is a somewhat respectable argument that there is never a bad time to buy software stocks. Software has become ubiquitous and will continue to shape how companies do business, how educators teach, and how nearly every other facet of the economy functions.
Economic growth is poised to explode following the reopening of the global economy. The late summer and early fall of 2021 might be one of the best times to own software stocks.
The rising economic tide will lift the majority of the boats, including the always-popular software stocks. MongoDB (MDB) and Cloudera (CLDR) are two software stocks with the potential to move to new heights in the ensuing months. But which is a better buy?