One of the growth software stocks that I've continued to be bullish on even as the market ascends to new all-time highs in HubSpot (HUBS). Most enterprise SaaS companies are trading at astronomical double-digit revenue valuations, leading many pundits to proclaim a second dot-com bubble. The trick amid rising markets is to deploy careful stock selection into reasonably valued names that still have plenty of fundamental tailwinds.

HubSpot, which just closed out its fiscal 2019 with a strong fourth quarter and a bullish outlook for FY20, checks off all the boxes in this regard. The market response to HubSpot's most recent quarterly results was incredibly positive, with HubSpot shares rising more than 7% on the news, and taking its year-to-date gains above 20%:

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