This Metric Says Buy the Dip on These Nasdaq Stocks
These tech stocks trade at reasonable valuations relative to next year's earnings estimates.The recent volatility in the stock market has created some interesting buying opportunities. Shares of Advanced Micro Devices (AMD -0.50%) and Alphabet (GOOG 0.86%) (GOOGL 0.89%) are trading down 25% and 15%, respectively, from recent all-time highs, but their forward price-to-earnings (P/E) ratios based on 2025 earnings estimates look modest.The momentum these two Nasdaq stocks are seeing in their businesses this ye ...