A Once-in-a-Decade Opportunity: 1 Magnificent S&P 500 Stock Down 41% to Buy Right Now

Tyler Technologies, a niche government software provider, has fallen 41% from its high despite strong fundamentals. The company benefits from high switching costs, regulatory moats protecting it from AI disruption, and is transitioning customers to cloud-based SaaS solutions. Trading at a 10-year valuation low of 23x free cash flow with management guiding for $1.1-1.2B in free cash flow by 2030, the stock presents a compelling long-term buying opportunity.