3 Tech Stocks That Are Screaming Buys as the Indexes Reach Record Highs
Despite a frothy market, these overlooked names trade at low valuations.
Overview
In the market, some investors have become hesitant to buy, and that reluctance is understandable. The Shiller cyclically adjusted price-to-earnings (CAPE) ratio is near record highs at 42, and the frothiness of some artificial intelligence (AI) stocks has investors fearing a pullback.
Nonetheless, investors need to remember that they can still find bargains related to AI, and indeed, the value propositions in some stocks appear to have been underappreciated. Hence, even if one also remains focused on building liquidity, it might be worthwhile to add positions in three specific tech stocks. Here's why.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.