<sarcasm>If they're full of nothing but air, they're a bubble. If they stay that way for a while, maybe they're a mylar balloon.How do we define if they're in a bubble? If they never pop, and they become the next Amazons/Netflixs/Googles, then maybe they're not bubbles. Maybe we can only safely call them "bubbles" after they pop?
Me too. Same for Apple, Tesla etc. They always intrigue me then I read on here how overvalued they areI held off years before buying Google and Amazon, because I didn't understand the valuation.
I think Apple is a bit overvalued, but they're moving a lot of their revenue from devices sales to the App Store.Me too. Same for Apple, Tesla etc. They always intrigue me then I read on here how overvalued they are
Exponential growth is hard to understand until it's hindsight
You should buy them, Jimmy. As you've said before, why settle for index returns when with a bit of smarts and hard work, you can beat the index.Most of these stocks growing rapidly have the sales and earnings to support their valuations. The market determines the value of these companies after all and is reasonably efficient as in all news is impounded into the stock price. On Morningstar the tech sector is ~ 15% overvalued now, the market 10% . Not exactly a 'bubble'
@Jimmy only said the tech was a bit overvalued by ~15%, which should not qualify as a bubble.You should buy them, Jimmy. As you've said before, why settle for index returns when with a bit of smarts and hard work, you can beat the index.
TSLA, NIO, FCEL, PLUG
One buys diversified indexes (or in a broadly diversified portfolio of stocks) to benefit from the equity premium and the market's tendency to rise over time due to the aggregate corporate earnings growth. That's investment.Same thing as why do you @james4beach buy the overvalued US and Canadian stocks when they are some of the most expensive markets based on their CAPE ratios? Why don't you buy Russian stocks instead?
Maybe you should try and understand these stocks and how to value them first instead of just dismissing or mislabeling them. Buying indexes is less work though.You should buy them, Jimmy. As you've said before, why settle for index returns when with a bit of smarts and hard work, you can beat the index.
TSLA, NIO, FCEL, PLUG
Yes, I understand the stocks. There is manic, trend-chasing action on TSLA, NIO, FCEL, PLUG, at the moment.Maybe you should try and understand these stocks and how to value them first instead of just dismissing or mislabeling them. If you don't want to learn more about investing that is fine too.
Maybe there is or isn't what you claim. Either way others have taken the time to value and research them, bought at good times and and see them as good investments. Tesla for ex is in many award winning ARK ETFs and the fund manager sees it as a a long term hold.Yes, I understand the stocks. There is manic, trend-chasing action on TSLA, NIO, FCEL, PLUG, at the moment.
The companies themselves may or may not be bogus. I'm saying that the current trading (price action) happening on them is very likely a bubble-like speculative mania. That makes it very hard to invest in them, because their prices are very likely distorted by this gambling activity.
