2 Soaring Stocks With More Upside Ahead to Buy and Hold

• Software stocks face AI replacement fears, yet Microsoft and Shopify thrive. • Microsoft reports 18% revenue growth, driven by strong Azure and AI adoption. • Shopify posts 34% revenue growth, leveraging AI tools to boost merchant sales. Software stocks are struggling, with some fearing AI will replace their services. Yet Microsoft and Shopify prove they can coexist with and benefit from AI. Microsoft’s latest quarter showed 18% revenue growth to $90B and 32% EPS growth, fueled by Azure’s 43% surge and a $678B cloud backlog. Shopify’s Q2 revenue rose 34% to $3.6B, with strong guidance and AI-driven tools boosting merchant traffic. Despite high valuations, both companies are positioned for continued growth in cloud and e-commerce.