The software industry is at the forefront of the digital transformation of our society and economy. Software is being used in almost every device we interact with daily. Without it, our digital world would simply not be able to run.
This increased importance of software has led to strong stock performance. The iShares Expanded Tech-Software Sector ETF (IGV), which tracks the software industry, is up significantly since its March 2020 low. While the industry has seen considerable volatility, the future still looks bright.
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