Buy RingCentral & Criteo to Tap Software & Services Growth

The outlook for the Internet-Software & Services industry reflects a relatively slow economy. The industry is highly correlated to the economy, and estimates have been moving up and down over the past year as expectations on interest rate decisions varied. The industry appears to be in cost-saving mode as operating expenses are coming down to generate profit despite revenue softness. Capital investments are also being limited, aside from a couple of companies. In this background, companies like RingCentral ...