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It's pretty overpriced already if you're looking at the fundamentals, and has been for a while. But fundamentals haven't really mattered in tech stocks for a lo
by squeaky-clean 3y ago
It's pretty overpriced already if you're looking at the fundamentals, and has been for a while. But fundamentals haven't really mattered in tech stocks for a long time.
If you want the responsible advice, it's overpriced. If you want my personal advice, well I bought more yesterday afternoon.
- what_ever 3y agoCan you add a little more color on what fundamentals is it overpriced? Have you looked at their QoQ growth (not even YoY) for last few quarters? I would say the stock price is just trying to keep up with the numbers they are putting out.
- ripper1138 3y agoTheir quarterly dividend is only $0.04 per share, total assets at 50B (vs 350B+ for other 1T companies), they cannot easily sell more chips and increasing price can only go so far.
- AnotherGoodName 3y agoA lot of stocks don't pay dividends at all. They are problematic with tax and theoretically the same benefit can be achieved with buybacks.
- deleted 3y ago[deleted]
- AnotherGoodName 3y agoI don't see it. It would have been overpriced if not for this insane report. 854% YoY earnings growth. A PE that's now below 50 (even taking into account the $500 share price). Its not overpriced anymore. In fact if there's anything left in the tank or this is at all sustained it's cheap.