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Microsoft (MSFT), Nuance (NUAN), and Guidewire (GWRE) are the best software stocks to own in a weak economy, argues Deutsche's Tom Ernst. On the flip side, he sees companies with high average selling prices and upcoming product refreshes, such as Adobe (ADBE - previous), as being at risk should enterprises hold off on new projects, though the fact valuations have compressed for many names could limit downside.
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