There Are Pockets of Stretched Valuations in Stocks - Just Look at Netflix!
As the broader markets flirt with record highs, there are pockets of stretched valuations in stocks.
As the broader markets flirt with record highs, there are pockets of stretched valuations in stocks.
That's the assessment of John Eade, president of Argus Research.
FANG stock Netflix (NFLX) - Get Report has a P/E ratio over 200. FANG is an acronym that also includes Facebook (FB) - Get Report , Amazon (AMZN) - Get Report and Google/Alphabet (GOOGL) - Get Report .
Plus, Argus just raised its price target on Nvidia (NVDA) - Get Report , a stock at the center of a host of hot trends from E-Sports and artificial intelligence.
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