Rate Of Return【Week 3】Software stocks under pressure, pick only the great ones that will recover!
#My Portfolio Health Check
The software sector hasn't improved as many still believe that AI will disrupt and replace software companies. Yet, stocks like Microsoft and ServiceNow are fundamentally sound companies that fell along with the whole sector without justification. The former trades at 5 years low P/E ratio while being invested across many other industries, and the diversity makes it an undisputed leader in the market for decades. The latter continues to collaborate with AI companies to improve its services yet I'm supposed to believe it will be replaced by AI? If anything, this is the right opportunity that people have been crying for - great companies at discounted prices. @Bridge Buzz SG
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