Microsoft (MSFT), Nuance (NUAN), and Guidewire (GWRE) are the best software stocks to own in a...

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

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.