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Tech Stocks Correction Eases: Valuation Reset Signals Buying Opportunity

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Tech stocks have corrected ~11% from June peaks, the shallowest of recent pullbacks.
  • Valuations have reset with forward P/E dropping to 22x from 32x, while earnings estimates keep rising, suggesting potential buying opportunity despite AI capex and rate concerns.
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MSFT price history

495.63 +5.23% over the displayed period

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