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TSLA - Don't Get Too Comfortable: The Crash May Be Coming
November, 09 2021 08:10 PM
Tesla Inc.
Tech stocks are surging left and right like it's 1999 all over again. The S&P 500's cyclically adjusted P/E ratio was higher just once before now. Yes, you guessed it, leading up to the 2000 market top. While technology is leading the charge, sky-high valuations seem to be widespread amongst multiple sectors. A correction in ultra-high multiple names combined with multiple compression in more mature companies could cause a market meltdown soon. For further details see:
Don't Get Too Comfortable: The Crash May Be Coming
Stock Information
Company Name:
Tesla Inc.
Stock Symbol:
TSLA
Market:
NASDAQ
Website:
tesla.com
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