Bottom-barrel pricing is seldom something you'll find in the technology industry.
They're a bit like oil and water. In general, they just don't mix. However, on occasion, Mr. Market will hand investors a favor in the form of a dirt-cheap tech stock.
Let's take a look at two such instances.
Show me the value
Forgive me for the lack of creativity, but the two especially attractive options I want to highlight are household names Apple (NASDAQ:AAPL) and International Business Machines (NYSE:IBM).
For Apple, the proof is in the numbers. Slice it however you like and the facts still point to the same conclusion, Apple is simply too cheap still at today's levels. Despite any number of big-picture growth catalysts, Apple remains priced for little or no future growth.
In looking at IBM, the rationale for owning its share is decidedly more long term and obvious based on the numbers alone. In fact, IBM is very much struggling today to overcome slow growth. However, chances are good that, with enough time, IBM will find a way to continue to drive value for shareholders.
In this "Ask a Fool" video, tech and telecom analyst Andrew Tonner looks at Apple and IBM in greater detail.
Fool contributor Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple. It also owns shares of China Mobile and International Business Machines. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.