Cloud & Software
Enterprise software, SaaS and the internet-infrastructure layer.
Microsoft Corporation (MSFT)
The bull case — 'AI Supercycle' (7% weight) — targets $620, +66% vs spot. It needs the multiple to hold or expand.
Adobe Systems Incorporated (ADBE)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $362, +76% vs spot. It needs the multiple to hold or expand.
Cognizant Technology Solutions Corp Class A (CTSH)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $68, +76% vs spot. It needs Gross Margin to surprise to the upside.
Intuit Inc (INTU)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $455, +74% vs spot. It needs the multiple to hold or expand.
Accenture plc (ACN)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $215, +73% vs spot. It needs Gross Margin to surprise to the upside.
Godaddy Inc (GDDY)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $154, +81% vs spot. It needs the multiple to hold or expand.
PTC Inc (PTC)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $207, +83% vs spot. It needs the multiple to hold or expand.
Autodesk Inc (ADSK)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $345, +78% vs spot. It needs the multiple to hold or expand.
Workday Inc (WDAY)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $217, +78% vs spot. It needs the multiple to hold or expand.
Palantir Technologies (PLTR)
The bull case — 'Platform Defender' (10% weight) — targets $310, +166% vs spot. It needs the multiple to hold or expand.
Tyler Technologies Inc (TYL)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $515, +76% vs spot. It needs the multiple to hold or expand.
Trimble Inc (TRMB)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $89, +75% vs spot. It needs the multiple to hold or expand.
Fair Isaac Corporation (FICO)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $2,134, +79% vs spot. It needs the multiple to hold or expand.
Gartner Inc (IT)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $226, +75% vs spot. It needs the multiple to hold or expand.
Salesforce.com Inc (CRM)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $279, +78% vs spot. It needs the multiple to hold or expand.
Oracle Corporation (ORCL)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $265, +81% vs spot. It needs the multiple to hold or expand.
ServiceNow Inc. (NOW)
The bull case — 'Bull — AI Monetizes' (13% weight) — targets $140, +41% vs spot. It needs the multiple to hold or expand.
VeriSign Inc (VRSN)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $455, +81% vs spot. It needs the multiple to hold or expand.
Gen Digital Inc. (GEN)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $43, +73% vs spot. It needs the multiple to hold or expand.
Synopsys Inc (SNPS)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $810, +82% vs spot. It needs the multiple to hold or expand.
Crowdstrike Holdings Inc (CRWD)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $1,435, +88% vs spot. It needs the multiple to hold or expand.
Cadence Design Systems Inc (CDNS)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $674, +80% vs spot. It needs the multiple to hold or expand.
Fortinet Inc (FTNT)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $272, +77% vs spot. It needs the multiple to hold or expand.
International Business Machines (IBM)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $483, +72% vs spot. It needs the multiple to hold or expand.
Akamai Technologies Inc (AKAM)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $202, +71% vs spot. It needs the multiple to hold or expand.
Applovin Corp (APP)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $858, +67% vs spot. It needs the multiple to hold or expand.
Datadog Inc (DDOG)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $491, +89% vs spot. It needs the multiple to hold or expand.
Palo Alto Networks (PANW)
The bull case — 'ME Bull' (20% weight) — targets $360, +6% vs spot. It needs the multiple to hold or expand.
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