3 Cheap Tech Stocks to Buy Right Now
Is there such a thing as cheap tech stocks right now? The market continues to pop higher and tech stocks are leading the way, up 25% so far this year. The Nasdaq Composite's forward price-to-earnings ratio, based on projected earnings for the next 12 months, has been rising steadily since March -- at the time it was 23.3, and now it's at 27.5.
You won't find a lot of tech companies with a P/E less than that, but you can find some interesting names that have a forward P/E far below their 10-year mean prices. In fact, several megacap stocks are trading 40% to 70% below their 10-year mean valuations.
Amazon (NASDAQ: AMZN), Nvidia (NASDAQ: NVDA), and (NASDAQ: NFLX) each show how rising earnings power can outpace a company's stock price -- making these three popular stocks suddenly cheap and affordable compared to their historical values.
Source Fool.com
Netflix Inc. Aktie
Und Netflix Inc. steht derzeit mit 124 Buy-Einschätzungen und 3 Sell-Einschätzungen bei unserer Community gut im Kurs.
Für Netflix Inc. sieht die Community ein Kursziel von 100 €, was eine erhebliche Steigerung um über 50% gegenüber dem aktuellen Kurs von 63.71 € bedeutet.


