PAYC and MSFT are one of the first stocks surviving the SaaSpocalypse

In early February 2026 lots of SaaS stocks were crashed due to AI fears. Many of them were still growing double digits, while their stocks remains in cheap value territory. As Graham stated: The stock market will "weigh" and reevaluate these sooner or later. Consequently investors will pile in and the stocks will jump up. Now MSFT is up over +30% from its low and PAYC jumped over +90%.

I didn't fully understand the trigger, but seems like a combination of a strong earnings call and positive headlines.

What are the next SaaS stocks to make it back?

(I predict NOW and ADBE)