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Growth is plateauing looking at earnings and guidance, so their market cap will reflect fair market value. Growth stocks need to accelerate to maintain high val
by simpsond 5y ago
Growth is plateauing looking at earnings and guidance, so their market cap will reflect fair market value. Growth stocks need to accelerate to maintain high valuations. That and the market is extra sensitive right now IMO. Their numbers are staggering, but earnings and guidance isn’t.