Software stocks with Strong Buy ratings worth paying attention to

The Nasdaq 100 technology index has had a strong start to the year, rising 22% year-to-date, thanks to technology companies focused on artificial intelligence (AI). Unless you have a concentrated portfolio in leading semiconductor companies, however, you're probably lagging the Nasdaq 100. However, there's no need to chase semiconductor stocks after their euphoric growth, especially when there are software stocks with Strong Buy ratings and reasonable prices that have the potential to grow significantly.

Let's take a look at three software companies with Strong Buy ratings according to leading analyst firms - Intuit, Synopsys and MongoDB - that may still be overlooked.

Intuit $INTU

Shares of financial software firm Intuit have recovered quickly from the May correction, rising more than 14% in the past month as investors have rediscovered its potential for price appreciation through value-add. Accounting and recordkeeping could be an ideal job for artificial intelligence (AI), and as…