What happened HubSpot (NYSE: HUBS) shareholders trailed the market last month. Their stock dropped 12% in March compared to a 4.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The decline didn't do much to dent wider gains, though. HubSpot is still up significantly in 2021 after having trounced the market last year. Image source: Getty Images. So what With no major operating news out of the company, the biggest factor dragging shares down was worsening sentiment toward tech stocks last month. Many cloud and software specialists, which had seen huge rallies off of pandemic lows, sold off in March. HubSpot's CEO did step away from his job to recover from a snowmobile accident, the company said early in the month. But that situation shouldn't have any significant impact given its temporary nature. Now what HubSpot's fiscal first-quarter report should land in early May and is likely to show strong sales growth and improving profitability, in line with recent successes on these metrics. The company widened its user base and its product portfolio this past year, which is helping create a steady stream of recurring revenue from the software-as-a-service (SaaS) platform. Continued success on that project is the surest way toward positive returns for the stock. 10 stocks we like better than HubSpotWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and HubSpot wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Demitri Kalogeropoulos has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends HubSpot. The Motley Fool has a disclosure policy.Source