Progress Software Rises 37% in 6 Months: Should You Buy, Sell or Hold?

Progress Software’s (PRGS) shares have gained 37.4% in the past six months, outperforming the Zacks Computer & Technology sector’s appreciation of 4.7% and the Zacks Computer - Software industry’s growth of 3.5%.PRGS’ shares have outperformed industry peers, including ANSYS (ANSS) , Cadence Design Systems (CDNS) and Microsoft (MSFT) , over the same time frame.ANSYS’ shares have lost 2.5% while Microsoft and Cadence Design Systems’ shares have lost 1.9% and 5.4% respectively.PRGS’ shares are benefiting from ...