Progress Software: Compelling Buy After The Crash (NASDAQ:PRGS)

Market Overview - The stock market is experiencing a rally, reaching new all-time highs, driven by momentum stocks such as Oracle (ORCL) that are attracting investors with their potential for significant AI growth rates [1] - The S&P 500 multiples are currently above 20x and approximately 40x, indicating a high valuation environment [1] Analyst Insights - Gary Alexander, with extensive experience in covering technology companies and working in Silicon Valley, provides insights into current industry themes and trends [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications, indicating a strong presence in the investment community [1]