2 Cheap Tech Stocks to Buy Right Now
Investors can't seem to sell software stocks fast enough amid fears that artificial intelligence (AI) will ultimately disrupt and displace traditional software-as-a-service (SaaS) businesses.
Many of the top software companies have enjoyed lofty valuations for years, justified by wide tech stock moats that meant juicy profit margins, limited competition, and sticky recurring revenue. But AI could vaporize some of those advantages. AI can already extract information from documents and write code, and could soon begin replacing humans in various office tasks.
While AI is a genuine threat to some software companies, the relentless, widespread sell-off has mispriced some high-quality names. Here are two cheap tech stocks that investors should consider buying right now.
Source Fool.com
