As tech’s sell-off continues, corners of that sector are hurting worse than others. AI stocks in particular have taken a beating since late October, and the S&P 500’s software index is down nearly 19% year-to-date (YTD).
But being dragged down with them are stocks that are not speculative or at risk of AI-induced obsolescence. Specifically, companies operating in the cybersecurity space are reaching the point of being oversold after becoming victims of the rotation out of tech.
