Re:Tech Stocks Roar Again in Faint Echo of 2000
by wils1245 on Sunday October 29, 2017 @11:58AM
(#15579771)
>> people will continue to pay higher prices
Why are you sure if that? The opposite is true. At some point stockholders will get afraid and pull back. The question is how much, and who gets hurt the most.
I think the point of the parent comment isn’t that a high PE ratio is inherently bad, but that these stocks are more highly valued relative to revenue than stocks usually are.
Why are you sure if that? The opposite is true. At some point stockholders will get afraid and pull back. The question is how much, and who gets hurt the most.
I think the point of the parent comment isn’t that a high PE ratio is inherently bad, but that these stocks are more highly valued relative to revenue than stocks usually are.