A bifurcation between software stocks and the benchmark S&P 500 suggests deals abound for opportunistic investors.
Key Points
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Though the S&P 500 and iShares Expanded Tech-Software Sector ETF have historically moved in tandem, they’re currently 2% and 37% below their all-time highs, respectively.
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Despite concerns about artificial intelligence (AI), the operating results of both software companies point to AI being a helper, not a hindrance.
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Additionally, both of these historically cheap software stocks sport robust capital-return programs that can benefit long-term investors.
