Why this investor says you can make good money off software stocks — if you trade them like telephone directories

Core Viewpoint - Deep value investor Lee Roach is exploring beaten-down software stocks for the first time, indicating a potential shift in investment strategy towards undervalued technology assets [1] Group 1: Investment Strategy - Lee Roach's interest in software stocks marks a significant change in his investment approach, as he typically focuses on deep value opportunities in other sectors [1] - The current market conditions have led to a decline in software stock prices, creating what Roach perceives as attractive buying opportunities [1] Group 2: Market Context - The software sector has experienced notable downturns, prompting investors like Roach to reassess their strategies and consider investments in this area [1] - The exploration of software stocks by seasoned investors suggests a potential recovery phase for the sector, as they look for undervalued companies with strong fundamentals [1]