What stocks are in the Below SPX Forward PE · 2026-05-03 watchlist?

The Below SPX Forward PE · 2026-05-03 watchlist tracks 10 tickers on QuantAbundance: MU, SNDK, ADBE, TTD, PATH, CRM, QCOM, META, OKTA, NOW.

Valuation

Below SPX Forward PE · 2026-05-03

10 popular AI / mega-cap names trading below the S&P 500's 2026 forward earnings multiple (~22-23x). Ranked cheapest first: MU at 6x, SNDK at 8x, then ADBE, TTD, PATH, CRM, QCOM, META, OKTA, NOW. Convergent with prior screens - MU and SNDK keep showing up across YTD performers, the DRAM ETF, and the PEG snapshot. Multiples move daily; this is a one-day snapshot, not a live tracker.

source: tweet-stocksavvyshay-2026-05-03

Aligns with the Enterprise SaaS AI bubble6/10

Hypothetical· equal-weight buy at inception, mark-to-market today

May 3 → Sep 18 · 10/10 picks · equal-weight

+32.6%

Below SPX Forward PE · 2026-05-03

+6.1%

SPY

+26.4%

alpha

topOKTA+136.0%·MU+75.7%·NOW+46.5%

dragTTD-42.2%·ADBE-1.7%·QCOM+6.2%

#1
MUMicron Technology, Inc.
6x - cheapest on the screen. HBM memory for AI accelerators; FY26 op-income est ~$77B (+684% YoY). Convergent with DRAM bubble + PEG <1 + Top Performers +90% YTD.
6x
FWD PE
$1015.80last
$900fib
+12.9%vs fib
#2
SNDKSanDisk Corporation
8x - NAND flash post-WDC spinoff. Already in Top Performers (+400% YTD) and PEG <1 (~0.5x). Riding AI memory demand.
8x
FWD PE
$1791.82last
#3
ADBEAdobe Inc.
10x - creative-cloud incumbent re-rated lower on AI-displacement fears; Firefly + agentic-creative pivot still has to prove out.
10x
FWD PE
$248.92last
#4
TTDThe Trade Desk, Inc.
12x - CTV + retail-media ad-tech; Kokai platform re-acceleration after the 2025 slowdown.
12x
FWD PE
$13.92last
#5
PATHUiPath Inc.
13x - UiPath enterprise RPA pivoting to agentic AI; small-cap, consolidation candidate.
13x
FWD PE
$13.39last
$10fib
+33.9%vs fib
#6
CRMSalesforce, Inc.
14x - Salesforce repricing as agentic-AI platform; Agentforce monetization + Data Cloud cross-sell are the watch items.
14x
FWD PE
$237.92last
#7
QCOMQUALCOMM Incorporated
18x - smartphone modem cash cow + diversification into auto, IoT, and on-device AI inference.
18x
FWD PE
$177.72last
#8
METAMeta Platforms, Inc.
19x - ad-platform compounding; AI Capex pressuring the multiple; Llama franchise underappreciated. PEG ~1.6x in 038.
19x
FWD PE
$665.75last
#9
OKTAOkta, Inc.
20x - identity-as-a-service; SailPoint pressure + agentic-AI identity adjacency are the swing factors.
20x
FWD PE
$182.37last
$151fib
+21.1%vs fib
#10
NOWServiceNow, Inc.
20x - ServiceNow Agentforce + workflow consolidation. PEG ~0.7x in 038 - flagged "mispriced" there too.
20x
FWD PE
$135.47last

Frequently asked questions

What stocks are in the Below SPX Forward PE · 2026-05-03 watchlist?: The Below SPX Forward PE · 2026-05-03 watchlist tracks 10 tickers on QuantAbundance: MU, SNDK, ADBE, TTD, PATH, CRM, QCOM, META, OKTA, NOW.
What is the Below SPX Forward PE · 2026-05-03 watchlist?: 10 popular AI / mega-cap names trading below the S&P 500's 2026 forward earnings multiple (~22-23x). Ranked cheapest first: MU at 6x, SNDK at 8x, then ADBE, TTD, PATH, CRM, QCOM, META, OKTA, NOW. Convergent with prior screens - MU and SNDK keep showing up across YTD performers, the DRAM ETF, and the PEG snapshot. Multiples move daily; this is a one-day snapshot, not a live tracker.

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