2 Wide-Moat Stocks That Are Drop-Dead Bargains Right Now

Despite the S&P 500 trading at expensive valuations, Netflix and Microsoft present attractive buying opportunities. Netflix has fallen 41% over the past year and now trades at a P/E ratio of 28, similar to the broader market despite faster growth and stronger profitability. Microsoft has declined roughly a third from its peak and trades at a P/E of 21, its cheapest since before the pandemic, with strong fundamentals in cloud infrastructure and software businesses remaining intact despite AI disruption concerns.