Tech stocks look cheap vs the S&P
Market watchers note tech names are the cheapest versus the S&P 500 in over seven years, prompting tactical ideas like buying quality off long‑term moving averages as valuation windows open. ( )
Forward P/E premium for S&P 500 tech versus the broader index has collapsed to roughly +4% as analysts documented a recent valuation compression in the sector. (blockonomi.com) Goldman Sachs strategist David Kostin flagged that Big Tech is trading at its cheapest relative to the rest of the S&P 500 in about six years. (investing.com) The S&P 500 Information Technology sector’s estimated P/E was about 33.47 on March 26, 2026, according to sector-level P/E estimates tied to the XLK benchmark. (worldperatio.com) Barchart’s sector snapshot shows 70 components in the S&P tech group and about 54.28% of those names were trading above their 200‑day moving average in the latest update. (barchart.com) The Vanguard S&P 500 Growth ETF (VOOG) holds large weights in names like Nvidia and Microsoft and the fund has outperformed the broader market for multiple years, per a March 28, 2026 analysis. (fool.com) Vanguard’s fund page shows VOOG’s NAV at about $403.46 and an expense ratio of 0.07% as of the March 26, 2026 pricing update. (investor.vanguard.com) Sector dispersion data from Simply Wall St reports the U.S. tech industry was down ~3.5% over the last seven days, YTD -11.7%, and up 24.8% over the past 12 months, underscoring mixed momentum within a still-expensive absolute valuation backdrop. (simplywall.st)
