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re: Financials for FSLY and LLNW - What am I missing?
Posted on 7/9/20 at 2:15 pm to Brobocop
Posted on 7/9/20 at 2:15 pm to Brobocop
These, and many other tech stocks, do not get valued by financials.
It's very hard for me to fathom or understand it, as I'm drawn much more to traditional valuation methods, but it's just what the market is right now.
Tech stocks that have high growth rates and potential game-changing services or technology have been shooting through the roof. Even some non-tech stocks like BYND.
I've given up on understanding it and have jumped on for the ride.
I think the bigger question is are traditional valuation methods and fundamentals dead? The market is proving more and more that it's not the economy and that companies don't even have to make money to show giant returns.
It's very hard for me to fathom or understand it, as I'm drawn much more to traditional valuation methods, but it's just what the market is right now.
Tech stocks that have high growth rates and potential game-changing services or technology have been shooting through the roof. Even some non-tech stocks like BYND.
I've given up on understanding it and have jumped on for the ride.
I think the bigger question is are traditional valuation methods and fundamentals dead? The market is proving more and more that it's not the economy and that companies don't even have to make money to show giant returns.
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