2 Cheap Tech Stocks to Buy Right Now
Finding a cheap technology stock worth buying right now isn't an easy task. The S 500 (SNPINDEX: ^GSPC) has gained 35% over the past 12 months, as of this writing (Nov. 7), and much of that growth has been fueled by gains in the tech sector.
But there are still some relatively good deals out there, and I think the following two relatively inexpensive tech stocks are worth buying right now. Here's why.
(NASDAQ: AAPL) is easily overlooked today among much flashier tech stocks. Still, it deserves a spot on this list because its shares are trading at a forward price-to-earnings ratio of 29, which is cheaper than the broader technology sector's average P/E ratio of 33.
Source Fool.com
Apple Inc. Stock
€265.90
-1.150%
Currently there is a rather positive sentiment for Apple Inc. with 76 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 6.05% for Apple Inc. compared to the current price of 265.9 €.
