Should Investors Be Worried About Tech Stock Valuations?
For years, hearing news outlets call tech stocks "overvalued" has been normal. But when was the last time you heard someone argue that they were actually undervalued? While many people agree with the former camp, I place myself in the latter. While I won't blindly label every tech stock as undervalued, there are multiple examples of segment leaders with cheaply valued stocks.
Three undervalued stocks are Shopify (NYSE: SHOP), Adobe (NASDAQ: ADBE), and Alphabet (NASDAQ: GOOG). These three companies dominate their respective industries yet have seen only disdain from the market over the past six months.
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Source Fool.com
