Why 'Cheap' Software Stocks Could Be The Next Big AI Value Trap
Yahoo Finance·2026-01-22 11:01
Enterprise software stocks are starting to look tempting again, at least on a chart. Adobe Inc. (NASDAQ:ADBE) is trading at November 2022 lows and has lost 55% of its value since its February 2024 peak. Salesforce Inc. (NYSE:CRM) sits near May 2024 levels, down about 40% from its January 2025 high. ServiceNow Inc. (NYSE:NOW) is at its lowest since November 2023, off roughly 45% from its January 2025 peak. To many investors, that looks like classic mean reversion. AI hardware stocks like Micron Technology ...