The MoneyFlows Show
Ep. 11 - Software Stocks Crash: 3 Oversold Stocks to Buy Now
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Are software stocks doomed? Headlines are claiming that Artificial Intelligence is coming for software jobs and companies, causing a massive selloff in the sector. In this episode, Luke Downey & Jason Bodner of MoneyFlows.com debunk the narrative that AI is replacing software businesses. Instead, they explain that AI is a productivity tool that enhances those with unique data sets and skills, rather than replacing them.______________________________________We dive deep into the real reason behind the recent market volatility: forced liquidations and deleveraging in crypto and other sectors, which forced funds to sell their winning software positions.We also share exclusive data studies that suggest this is a generational buying opportunity:• The IGV (Software ETF) Study: The RSI for software stocks hit a rare low. History shows that 3 and 6 months after such a drop, stocks are up 100% of the time with average gains over 30%.• Tech vs. Energy Rotation: We analyze historical data on extreme rotations from tech into energy stocks, which points to massive tech outperformance over the next 12 months.Finally, we reveal three high-quality software stocks with strong fundamentals that have been unfairly punished by the selloff.Remember: none of this content is personalized investment advice. We are here to teach and to entertain.