MackJay_0938
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Columns PEG Ratio Insights: Tech Stocks Reach Highest Valuation Against the S&P 500 Since the Dot-Com Bubble
Despite a decline in 12-month forward EPS, the tech sector is currently experiencing its highest relative valuation against the S&P 500 since the dot-com bubble.
The tech sector is currently witnessing its highest valuation since the Financial Crisis, surpassing the S&P 500 by a multiple of 1.4. The only time it was more expensive was during the infamous dot-com bubble.
The Dot-Com bubble crash wa...
The tech sector is currently witnessing its highest valuation since the Financial Crisis, surpassing the S&P 500 by a multiple of 1.4. The only time it was more expensive was during the infamous dot-com bubble.
The Dot-Com bubble crash wa...
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MackJay_0938
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First, let's take a look at GameStop $GameStop (GME.US)$ . The video game retailer currently has a robust cash position of $908 million. It's also virtually debt-free.
Because of this, GameStop was able to pay off nearly all of its outstanding debt position and still keep about $1 billion in cash.
Still, GameStop isn't content to remain idle. The company has a plan to put its capital to work by strengthening its fulfillment capacity ...
Because of this, GameStop was able to pay off nearly all of its outstanding debt position and still keep about $1 billion in cash.
Still, GameStop isn't content to remain idle. The company has a plan to put its capital to work by strengthening its fulfillment capacity ...
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