Regarding the reliance on Forward P/E as a valuation metric (a worthless cherry picked metric in my humble opinion), it is worth noting that current tech sector positioning reflects significant risk. Present positioning levels appear to price in not only a sharp deceleration in those ridiculous earnings projections, but also the potential for negative growth and substantial downward estimate revisions. You’ve been warned. ⚠️ Source: Deutsche Bank
JTheretohelp1Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.