As software stocks face a pullback driven by AI disruption, CNBC's Paulina Likos and Zev Fima explore how to estimate a company's long-term value using discounted cash flow.
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The firm called out a slew of buy-rated software stocks, including Snowflake and MongoDB, as the sector slides.
Companies with a low risk of AI displacement are being lumped together with firms that may face genuine disruption.
Uncertainty around the long-term viability of software business models has major ripple effects on today's stock prices.
