From AI Darlings To Bargains: 5 Tech Stocks Near Covid-Era Valuations

Wall Street spent 2024 worshiping artificial intelligence. In 2026, reality has set in. The S&P 500 is still steady, but software stocks have broken away to the downside in a move that feels less like routine rotation and more like genuine panic — the kind of selloff that usually creates bargains, not last rites.Software P/E CompressionAccording to Liz Thomas, Head of Investment Strategy at SoFi Technologies Inc (NASDAQ:SOFI) , software's forward 12-month P/E has collapsed from 33.1x to 23.2x — a 30% contra ...