3 Cheap Tech Stocks to Buy Right Now
Despite two consecutive years of 20%-plus gains for the S&P 500 (SNPINDEX: ^GSPC), less than 30% of all stocks actually beat the index in both 2023 and 2024 -- a record-low percentage for the past 30 years.
That leaves plenty of room for cheaper stocks to "catch up" to last year's winners, which were largely concentrated in artificial intelligence (AI) darlings. Despite the following stocks riding technology-based tailwinds, each still looks too cheap today.
Dell Technologies (NYSE: DELL) actually had a fine 2024, up 50.6%, but the stock's valuation still doesn't look demanding, at 19 times trailing earnings and just 12 times forward earnings estimates.
Source Fool.com
