Is software the next hunting ground for value investors?

Not so long ago, the most pressing concern by far for many investors had next to nothing to do with geopolitics. Instead, the attention of the broader market was focused squarely on the extent to which artificial intelligence could hurt the prospects of software companies – leading some high-profile players in the sector to suffer sharp declines in their share price. So, does that now bring them onto the radar of value investors? Technology is not an area most investors readily associate with value investing – yet to believe value managers are restricted solely to buying the likes of financials,...