Many tech stocks soared over the past year as interest rates stabilized and investors eagerly rushed toward AI-related stocks in anticipation of a major AI boom. However, that buying frenzy also inflated some tech stocks' valuations to historical highs.

So for investors who are wary of buying the market's priciest tech stocks, it might be a good idea to look for the cheaper value plays that pay steady dividends instead. I believe three underappreciated blue chip stocks fit the bill: (NYSE: IBM), AT (NYSE: T), and Cisco (NASDAQ: CSCO).

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Source Fool.com