After a strong run, tech stocks have suddenly pulled back, with investors rotating into other sectors.
The move shouldn’t be a total surprise — tech stocks had greatly outperformed the market over the past couple of months, and the sector really needed a breather
The good news for investors is that this tech dip has created some good openings for some top stocks. Let’s look at two to buy right now. Nvidia Despite shifts in the artificial intelligence (AI) market, Nvidia (NASDAQ: NVDA) remains the king of AI infrastructure, and the stock is trading at an attractive valuation with a forward price-to-earnings ratio (P/E) below the 16.5 analyst estimates for fiscal 2028 (ending January 2028).
The company remains the dominant player in AI model training with its graphics processing units (GPUs). And its CUDA software platform, where most foundational AI code was written, gives it a powerful moat. It continues to be a growth machine, with revenue soaring 85% last quarter and expected to accelerate in the fiscal second quarter.