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Stock impact report

3 Software Stocks Walking a Fine Line [Yahoo! Finance]

Couchbase, Inc. (BASE) 
Company Research Source: Yahoo! Finance
multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 6.7% over the past six months. This drop was disappointing since the S&P 500 climbed 1.7%. While some can support their premium valuations with superior earnings growth, the odds aren't great for the businesses we're analyzing today. Keeping that in mind, here are three software stocks best left ignored. Market Cap: $3.14 billion Founded in 2008 by Facebook's co-founder Dustin Moskovitz, Asana (NYSE:ASAN) is a cloud-based project management software, where you can plan and assign tasks to employees and monitor and discuss progress of work. Why Are We Wary of ASAN? Products, pricing, or go-to-market strategy may need some adjustments as its 4.3% average billings growth over the last year was weak Net revenue retention rate of 96.3% shows it has a tough time retaining customers Prolonged sales cycles signal certain parts of its software must be customized Show less Read more
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