Dan Ives Sees 25% Tech Stock Breakout — Micron And Three Bargain Stocks Stand Out

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surfaces a small but telling group of stocks where valuation, earnings visibility, and positioning appear misaligned. Micron Technology Inc‘s (NASDAQ:MU) latest surge is drawing the spotlight, but it's not alone.Don't Miss:The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/ShareMissed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — LithiumMicron is doing what "undervalued" stocks are supposed to do — move first. Shares are already on a tear, jumping sharply into year-end and extending gains in premarket trade, yet the stock still trades at a forward P/E of just 9.8x, per Benzinga Pro data. For a memory giant sitting at the center of AI-driven demand and pricing recovery, that valuation gap stands out.This is less about chasing momentum and more about the market catching up to an earnings reset that's already underway.Qualcomm Inc (NASDAQ:QCOM) doesn't scream excitement, which is exactly why it screens as interesting. With a forward P/E in the mid-teens (14.5x), modest PEG (0.59), and steady earnings growth expectations, the stock looks priced for stagnation rather than optionality.If AI-on-device, auto, or licensing stability surprise even slightly to the upside, Qualcomm's valuation leaves room for multiple expansion — something the market has largely written off.Trending: An EA Co-Founder Shapes This VC Backed Marketplace—Now You Can Invest in Gaming's Next Big Platform Before the Raise Ends 1/19Cognizant Technology Solutions Corp (NASDAQ:CTSH) sits at the opposite end of the hype spectrum. It's slower, services-driven, and rarely front-page tech news — but it trades at a 14.5x forward P/E with steady earnings growth baked in.In a year when enterprise tech spending stabilizes rather than collapses, this kind of valuation quietly works, especially if investors rotate toward cash-generative tech rather than moonshots.Adobe Inc's (NASDAQ:ADBE) recent underperformance has dragged its valuation to levels rarely associated with a software franchise of its scale. Trading near a low-teens forward multiple (14x), the stock reflects skepticism about the durability of growth — even as earnings and sales growth remain intact.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,921.46 +0.53 (+0.01%)Dow 3049,266.11 +270.03 (+0.55%)Nasdaq23,480.02 -104.26 (-0.44%)Russell 20002,603.91 +28.48 (+1.11%)VIX15.45 +0.07 (+0.46%)Gold4,483.00 +20.50 (+0.46%)Trending tickersBTC-USD Bitcoin USD 91,047.27 -57.04 (-0.06%)F Ford Motor Company 14.40 +0.66 (+4.80%)OXY Occidental Petroleum Corporation 43.23 +2.24 (+5.46%)COST Costco Wholesale Corporation 915.31 +32.73 (+3.71%)SLB SLB N.V. 44.43 +2.06 (+4.86%)PortfolioSign in to access your portfolioSign inTop gainersNEOG Neogen Corporation 9.71 +2.33 (+31.57%)ONDS Ondas Holdings Inc. 14.01 +1.83 (+15.02%)PBF PBF Energy Inc. 32.15 +3.91 (+13.85%)KTOS Kratos Defense & Security Solutions, Inc. 104.04 +12.60 (+13.78%)BE Bloom Energy Corporation 121.84 +13.84 (+12.81%)Top losersRGC Regencell Bioscience Holdings Limited 41.42 -11.46 (-21.67%)AAOI Applied Optoelectronics, Inc. 33.01 -5.05 (-13.26%)CIEN Ciena Corporation 225.21 -34.06 (-13.14%)TFX Teleflex Incorporated 110.01 -16.52 (-13.06%)AYI Acuity Inc. 322.26 -47.53 (-12.85%)Most activeNVDA NVIDIA Corporation 185.04 -4.14 (-2.19%)F Ford Motor Company 14.40 +0.66 (+4.80%)ONDS Ondas Holdings Inc. 14.01 +1.83 (+15.02%)APLD Applied Digital Corporation 31.94 +2.38 (+8.05%)PLUG Plug Power Inc. 2.3200 +0.0400 (+1.75%)Top economic eventsEarnings eventsMy earnings eventsEarnings events