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Unfortunately, the current state of the market has nothing to do with research - it's pure bubble ! (for AI stocks)
by TheAlchemist 3y ago
Unfortunately, the current state of the market has nothing to do with research - it's pure bubble ! (for AI stocks)
- paxys 3y agoIf you look at the profits these companies are making - with ~zero of it coming from AI products at the moment - the valuations are in fact conservative.
- TheAlchemist 3y agoHow do you define conservative ? By historical standards, current P/E ratios are extremely high - especially for companies of this size.
- paxys 3y agoP/E ratios of Google, Apple, Microsoft are all in the 25-30 range, which is not abnormally high. Amazon's P/E has always been wonky because it rarely posts high profits. Nvidia is the current outlier, and I think everyone is in agreement that it is entirely fueled by AI hype.
- deleted 3y ago[deleted]