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[$$] Amazon’s No Bargain. Here’s Why Investors Keep Buying
Shares of companies like Amazon.com Inc., Netflix Inc. and Salesforce.com Inc. have surged this year, driving the stock market higher but also pushing valuations to what some investors consider worrisome levels. The valuation of the average stock in the S&P 500 is now in the 97th percentile of historical levels, according to Goldman Sachs Group Inc., which analyzed 40 years of market pricing and valuation data. The valuation level is thanks in large part to the rise of highflying tech stocks.
https://finance.yahoo.com/m/3addb01...9e8e/[$$]-amazon’s-no-bargain..html?.tsrc=rss
Shares of companies like Amazon.com Inc., Netflix Inc. and Salesforce.com Inc. have surged this year, driving the stock market higher but also pushing valuations to what some investors consider worrisome levels. The valuation of the average stock in the S&P 500 is now in the 97th percentile of historical levels, according to Goldman Sachs Group Inc., which analyzed 40 years of market pricing and valuation data. The valuation level is thanks in large part to the rise of highflying tech stocks.
https://finance.yahoo.com/m/3addb01...9e8e/[$$]-amazon’s-no-bargain..html?.tsrc=rss
