Chip Stock Investor Podcast 4 Beaten-Down Software Stocks to Buy Now?
Jan 24, 2026
Ryan Henderson, founder of Chit Chat Stocks and co-founder of Fiscal.ai, is a software and fintech investor/analyst. He debates the hardware vs software divergence and where value may lie. Short takes cover Remitly vs Wise, whether Adobe is a value trap, Monday.com moving upmarket, Airbnb’s moat, and AI’s potential to disrupt SaaS and data aggregation.
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Hardware Dominated The Last Half-Decade
- Hardware (semiconductors) vastly outperformed software over the last five years, driven by companies like NVIDIA.
- Software ETFs hide poor returns from many traditional SaaS names because a few mega-cap winners buoy the index.
Why He Holds Four Out-Of-Favor Software Names
- Ryan describes his four software holdings: Remitly, Airbnb, Adobe, and Monday.com and why he owns them.
- He explains Remitly grew from ~1M to 8.9M active customers and sits near profitability with ~$2.4B EV.
Remitly And Wise Serve Different Niches
- Remitly and Wise target different customer cohorts and corridors, so they can both thrive.
- Wise wins with banking licenses and low fees for businesses, while Remitly focuses on immigrant corridors and receiver convenience.