Founded in 2014 and named after the dreaded first day of the work week, Monday.com (NASDAQ:MNDY) is a software-as-a-service platform that helps organizations plan and track work efficiently.

Companies like Monday.com are special. Its 46.7% annual revenue growth puts it in a league of its own and its efficient sales engine generates mountains of cash. This is one of the highest-quality software stocks in our coverage.

Named after a database the founders had to painstakingly look after at their previous company, Datadog (NASDAQ:DDOG) is a software-as-a-service platform that makes it easier to monitor cloud infrastructure and applications.

Datadog excels in its market and is the envy of competitors. Its elite revenue growth and efficient sales engine give it piles of cash that can be plowed back into growth initiatives. We believe this is one of the best software stocks in the world.

Founded by Fred Luddy, who coded the company's initial prototype on a flight from San Francisco to London, ServiceNow (NYSE:NOW) is a software provider helping companies automate workflows across IT, HR, and customer service.

ServiceNow’s bountiful free cash flow gives it the ability to invest in many ventures. On top of that, its robust profit margins provide the capacity to reinvest or return capital to shareholders. This is a prime example of a "high-quality" business.

Formerly part of Emerson Electric, Vertiv (NYSE:VRT) manufactures and services infrastructure technology products for data centers and communication networks.

Vertiv stands out in what is generally considered a mature sector. Its sales have grown wonderfully and analysts predict its winning ways will continue. Furthermore, its rising free cash flow margin gives it more chips to play with. No coincidence the stock is up 630% over the last five years.

With a focus on the CFM56 engine that powers Boeing and Airbus’s planes, FTAI Aviation (NASDAQ:FTAI) sells, leases, maintains, and repairs aircraft engines.

FTAI Aviation is a world-class company. Its cocktail of high growth and exceptional profitability makes it a crown jewel in the investment community. No coincidence the stock is up 959% over the last five years.

Providing body cameras and tasers for first responders, AXON (NASDAQ:AXON) develops technology solutions and weapons products for military, law enforcement, and civilians.

Axon is a world-class company. Its combination of high growth, extraordinary profitability, and trending products makes it a beloved asset within investment circles. No coincidence the stock is up 672% over the last five years.

Originally the semiconductor division of Hewlett Packard, Broadcom (NASDAQ:AVGO) is a semiconductor conglomerate spanning wireless communications, networking, and data storage as well as infrastructure software focused on mainframes and cybersecurity.

Semiconductors are the lifeblood of technology and Broadcom produces some of the finest. On top of that, its sturdy operating margins show it has disciplined cost controls. No coincidence the stock is up 587% over the last five years.

Originally started as an online auction platform, MercadoLibre (NASDAQ:MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America.

MercadoLibre is a world-class company. Its combination of high growth and extraordinary profitability makes it a beloved asset within investment circles. Furthermore, its rising free cash flow margin gives it more chips to play with. No coincidence the stock is up 245% over the last five years.

The passion project of two chicken wing aficionados in Texas, Wingstop (NASDAQ:WING) is a popular fast-food chain known for its flavorful and crispy chicken wings offered in a variety of sauces and seasonings.

Wingstop has the secret formula. It not only sports a promising outlook but also grows sales rapidly while printing profits, giving it sky-high return potential. This is a fantastic business you don’t see often.