2023 Valuations of Mega Caps
I still don't understand how companies like $NVIDIA Corp(NVDA)$ and $Netflix(NFLX)$ trade at such a high earnings multiple. It's not like they have no competition and are the dominant force in their respective industries.
$Amazon.com(AMZN)$ $Intel(INTC)$ $NVIDIA Corp(NVDA)$ $Tesla Motors(TSLA)$ $Nike(NKE)$ $Netflix(NFLX)$ $Costco(COST)$ $Visa(V)$ $Microsoft(MSFT)$ $Coca-Cola(KO)$ $T-Mobile US(TMUS)$ $Wal-Mart(WMT)$ $Apple(AAPL)$ $Walt Disney(DIS)$ $Advanced Micro Devices(AMD)$ $Meta Platforms, Inc.(META)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $PayPal(PYPL)$ $Taiwan Semiconductor Manufacturing(TSM)$
https://twitter.com/Gugo907/status/1619453394284060673
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