- Is slower growth decay and higher gross margins causing the rich valuations seen among software stocks today?
- Is the long-term market opportunity bigger and more profitable for today’s software stocks and this is why companies’ management decide to spend colossal amounts in opex?
- If the answers to these questions are "yes" then could they explain the historically high multiples of today's market?
- We take a deep dive into the characteristics of today’s software companies to open up a discussion for explaining current valuations.
For further details see:
Are Software Stocks In A Bubble Or A New Paradigm?