The recent pressure on the software sector means some stocks backed by strong fundamentals are now trading at bargain levels.
Two high-profile examples are Microsoft
MSFT and Oracle ORCL, whose shares have fallen in recent months over dual concerns around massive artificial-intelligence spending and a potential slowdown in their software businesses. But that means these stocks now trade at attractive price/earnings multiples compared with the S&P 500 SPX, and with much better two-year projections for sales growth than the index as a whole.
Microsoft and Oracle may be bargain stocks, according to this analysis
Published:
The recent pressure on the software sector means some stocks backed by strong fundamentals are now trading at bargain levels.
Two high-profile examples are Microsoft
MSFT and Oracle ORCL, whose shares have fallen in recent months over dual concerns around massive artificial-intelligence spending and a potential slowdown in their software businesses. But that means these stocks now trade at attractive price/earnings multiples compared with the S&P 500 SPX, and with much better two-year projections for sales growth than the index as a whole.
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