2 Undervalued Tech Stocks to Buy in November
The S&P 500 has soared 67% from the bottom of 2022's bear market. Those gains have pushed the valuations for many stocks to inflated levels, but there are still some good deals to be found, even in the tech sector.
Buying growing companies that are benefiting from tailwinds in their respective markets can lead to substantial gains, especially if you buy them at a reasonable price. Here are two stocks trading at attractive valuations relative to their growth prospects.
Shares of Dell Technologies (NYSE: DELL) have surged over the last few years. About half of its business still hinges on PC sales, but the stock's gains have been fueled by insatiable demand for servers, where Dell has been a leader in recent years. However, a recent pullback has brought the valuation down to an attractive entry point for new investors.
Source Fool.com
