I have been tracking stocks for a while and bought a few shares here and there. I usually try to buy on fundamentals sure as a low P/E ratio, good dividend history, and not trading at the high point of the 52-week high.
However, when I look at shares like Amazon and Tesla, they don't have these kind of fundamentals. Why are these kind of shares trading at a such high values? Looking at their fundamental financials, they should be 10x cheaper!
Are fundamentals really important?
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