2 Glorious Growth Stocks Bucking the Recent Tech Sell-Off

The article argues that the Nasdaq-100’s recent weakness is being driven by profit-taking in AI semiconductor leaders such as Broadcom and Micron, but that some software and cybersecurity names are outperforming. It highlights Atlassian and CrowdStrike as examples of stocks bucking the tech sell-off, with both posting strong one-month gains as of July 17. The piece is constructive on Atlassian, citing 32% year-over-year revenue growth in fiscal Q3 2026, its Rovo AI platform, and a valuation of 3.9 times sales versus a three-year average of 10.3. CrowdStrike is also growing rapidly, with annual recurring revenue of $5.5 billion and AI-related demand accelerating, but the article is cautious because its 40.5 price-to-sales ratio leaves limited near-term upside. Overall, the market takeaway is that investors may be rotating away from crowded AI infrastructure winners toward more reasonably valued software and cyber names, though valuation remains a key differentiator.