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S&P 500 valuation and tech stock valuations
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2022 Apr 24, 10:37pm 281 views 3 comments
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AD
2022 Apr 25, 10:45am
AD
2022 Apr 25, 10:45am
clambo says
Yep, the concept flew out of the ashes like a phoenix
https://en.wikipedia.org/wiki/Webvan?source=patrick.net
.
Remember Webvan?
Yep, the concept flew out of the ashes like a phoenix
https://en.wikipedia.org/wiki/Webvan?source=patrick.net
.
Facebook: around 13
Google: around 21
Apple: around 24
Amazon: around 44.5
AMD: around 34
S&P 500: 21.5 (source: Multpl.com)
These are not overvalued companies for being tech or growth companies. Facebook is not a value stock, it is still a growth stock.
If you want to recall over valuation, then remember back 1998 to 2001 ?
Remember the sock puppet for Pets.com ? Remember garden.com ?