Lou Whiteman

That has often included software stocks, yes.

But I think that people are starting to question, we thought that the software stocks were worth a high valuation in the past,

are they in the age of AI?

Because in the reality, the software businesses aren't necessarily seeing this all of a sudden, they have no business right now.

The question is, what is that business going to look like in three to five years?

And what is that stock worth today?

Those are the questions being asked.

It is such a weird market, isn't it?

Because on one hand, the S&P 500 is still pretty close to an all-time high.

It's within a few percentage points.

And on the other hand, I am seeing some really quality opportunities, and I haven't seen really this many when the market is at a high in quite some time.

And I'm with Lou here.

There are some software stocks that I wouldn't touch right now, not because I'm certain they're doomed,

but just because I'm unsure of what the future holds for them.

But you look at a stock, I highlighted it yesterday on the podcast, GoDaddy, ticker symbol G-D-D-Y.

It's growing, its profit margins are expanding, yet shares are down 50% in the last year, and it now trades at nine times forward earnings.

That's intriguing to me.

or take a shift for payments.

I know that payment stocks aren't really popular right now, but it's still growing the top line more than 20% and trades at eight times forward earnings.

I can't remember a time that I could look at the market so close to all-time highs and then find these high-growth, cheap, profitable companies throughout the market.