TECH - The Most Expensive Stocks In The Market: May 2019

I run a stock-screen that I have named 'The Nosebleed' that filters for the most expensive or richly-priced stocks in the market. The purpose here is to find stocks that are metaphorically so "high up in the stands that the air is thin, and investors could begin to experience nasal hemorrhage." Of course, terms like expensive and cheap are subjective, but the stocks that filter in the nosebleed section of the market typically exhibit expectations exuberance with the share price bid up to an extreme growth premium.

• P/E ratio (trailing twelve months) above 50
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