{"id":935629,"date":"2021-07-26T15:06:08","date_gmt":"2021-07-26T19:06:08","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=935629"},"modified":"2026-03-17T20:52:55","modified_gmt":"2026-03-18T00:52:55","slug":"saas-stocks","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/stock-trading\/saas-stocks","title":{"rendered":"12 saas stocks to watch"},"content":{"rendered":"

Considering investing in saas stocks? While the best saas stocks depend on your portfolio and investment goals, we've identified some saas stocks that are worth keeping an eye on in the software-as-a-service sector. Keep reading to learn more about saas stocks and how to start investing.<\/p>\n\n\n \n \n \n \n \n\n \n\n

12 popular saas stocks to watch<\/h3>\n\n

We round up a selection of stocks in or related to the software-as-a-service industry, weighting the list more heavily towards popular mid- and large-cap stocks.<\/p>\n\n\n\n\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
Best stock<\/th>\n 1-year return<\/strong><\/th>\n Market cap<\/strong><\/th>\n Exchange<\/strong><\/th>\n Volume<\/strong><\/th>\n Buy on Questrade<\/th>\n<\/tr>\n<\/thead>\n
Microsoft Corporation (MSFT.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-23.70%Microsoft Corporation's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $2.8 trillion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 39,415,431<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Salesforce-com (CRM.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-43.42%Salesforce-com's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $127 billion (USD)\n \n<\/td>\n NYSE<\/td>\n 20,007,367<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Adobe Systems Incorporated (ADBE.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-48.36%Adobe Systems Incorporated's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $77.6 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 6,831,833<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Shopify (SHOP.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-2.43%Shopify's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $198.5 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 1,616,022<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Wix-Com (WIX.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-74.92%Wix-Com's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $1.8 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 1,432,816<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Zoom Video Communications (ZM.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>13.07%Zoom Video Communications's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $25.3 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 3,616,488<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Datadog (DDOG.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>68.59%Datadog's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $80.7 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 2,871,559<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
DocuSign (DOCU.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-43.59%DocuSign's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $8.4 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 3,905,071<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Dropbox (DBX.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-10.54%Dropbox's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $6.1 billion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 4,928,751<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Alphabet Inc Class A (GOOGL.US)<\/strong><\/td>\n \n \n \n <\/use><\/svg>107.55%Alphabet Inc Class A's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $4.4 trillion (USD)\n \n<\/td>\n NASDAQ<\/td>\n 30,469,525<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Kinaxis (KXS.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-28.33%Kinaxis's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $4 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 69,538<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n \n \n
Open Text (OTEX.TO)<\/strong><\/td>\n \n \n \n <\/use><\/svg>-25.07%Open Text's 1-year return based on the closing price as of June 24, 2025.<\/span>\n<\/button>\n<\/td>\n \n \n\n\n \n \n $7.4 billion (CAD)\n \n<\/td>\n Toronto Stock Exchange<\/td>\n 2,117,760<\/td>\n Buy now<\/a><\/td>\n <\/tr>\n\n<\/tbody>\n<\/table>\nThe values in this table are accurate as of the market close on June 22, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.<\/small>\n\n \n \n \n \n\n

What to look for when investing in saas stock<\/h3>\n\n

The software-as-a-service industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering saas stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.<\/p>\n\n

Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.<\/p>\n\n\n \n \n \n \n\n\n\n

How to invest in saas stock<\/h3>\n
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  1. Research the software-as-a-service industry.<\/strong> Before investing, learn about the saas stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.<\/li>\n
  2. Choose a stock trading platform.<\/strong> Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada<\/a> to find one that suits your needs.<\/li>\n
  3. Open and fund your account.<\/strong> Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.<\/li>\n
  4. Select the saas stock(s) to buy.<\/strong> Search by company name or ticker symbol, like MSFT or CRM. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.<\/li>\n
  5. Buy the stock and monitor performance.<\/strong> Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.<\/li>\n<\/ol>\n\n

    Our top picks for where to buy saas stocks<\/h3>\n <\/a>\n \n\n