Tech software stocks are down - IGV ETF · Invest & Retire Community

Tech software stocks are down - IGV ETF

For the last three months the enterprise software stocks are in a broader downturn, driven by investor concerns over AI's impact on software growth and potential overvaluation. IGV ETF is ~15% down and is possible to continue the downtrend. Here are a list of some of these stocks: MSFT. PLTR, ORCL, CRM, APP, INTU, PALO, ADBE, NOW, CRWD... see the link: https://www.ishares.com/us/products/239771/ishares-north-american-techsoftware-etf

Personally, I think that the trend will continue. If goes another 10% from here (around $88 should be a strong support) then I will add substantially to my positions. Any other opinion?

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