tech

March 5, 2026

Software stocks rally even as the wider market undergoes turmoil. Finally time to get in?

The iShares Expanded Tech-Software Sector ETF (IGV) advanced almost 8% so far this week, while the S&P 500 is down a fraction.

Software stocks rally even as the wider market undergoes turmoil. Finally time to get in?

TL;DR

  • The iShares Expanded Tech-Software Sector ETF (IGV) has gained nearly 8% this week.
  • Microsoft is performing well, up nearly 5% this week.
  • Software stocks fell earlier in the year due to fears that AI could make traditional SaaS models obsolete.
  • Experts believe these fears may have been overblown, citing proprietary data and customer trust as barriers for AI displacement.
  • Despite the recent rally, the IGV ETF remains down 17% year-to-date.
  • Some investors are cautious about future growth in the software sector, even with reasonable prices available.

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