3 Top Bargain Tech Stocks Ready for the Next Bull Run

Core Viewpoint - The announcement of tariffs by President Donald Trump has led to a decline in stock prices, raising concerns about a potential global trade war and its impact on the economy. However, this situation has created attractive entry points for investors in several tech stocks [1]. Group 1: Nvidia - Nvidia is currently trading at a forward price-to-earnings (P/E) ratio of 23 and a price/earnings-to-growth (PEG) ratio near 0.4, indicating it is undervalued [3][6]. - The company is positioned well for growth, particularly in the AI sector, with its GPUs driving advancements in AI technology. Tariffs are not expected to hinder this growth, as semiconductors are reportedly exempt from the tariffs imposed on Taiwan [4][5]. - Nvidia anticipates that data center capital expenditures will reach $1 trillion by 2028, with major cloud computing companies planning to spend$250 billion on AI infrastructure this year [5]. Group 2: Amazon - Amazon's shares have been negatively affected by the new tariffs, as many goods sold are sourced from countries like China, potentially leading to increased prices and a slowdown in sales [7]. - Despite this, Amazon continues to benefit from long-term trends in e-commerce and is enhancing earnings through its higher-margin sponsored ad business and logistics efficiencies driven by AI [8][9]. - The company is trading at a forward P/E of 28.5, one of the lowest valuations in a decade, while its AWS segment is investing heavily in data center infrastructure to support growing AI service demand [9]. Group 3: Meta Platforms - Meta Platforms has experienced a decline in stock price due to tariff announcements, but it reported a 21% revenue growth last quarter, driven by its AI initiatives [10]. - The company faces potential short-term challenges due to higher prices and a possible global recession, which may lead advertisers to reduce spending [11][12]. - Meta is developing its new social media platform, Threads, which currently does not contribute to revenue but has strong monetization potential in the future. The stock is trading at a forward P/E of just above 21, representing a bargain for a leading digital advertising company [13][14].