With liquidity at all time high, it is normal to find companies with forward PE of >25. This is espeically true for tech companies with projected growth in the double digits.So, why is Cosair Gaming (CRSR), one of leaders in gaming and streaming hardware have such a low foward PE of <20?As far as I can find, there is absolutely nothing wrong with CRSR. And as a gamer myself, their products are often comparable with the best in business ( Logitech, Razor, Noctua ). They also have more or less a monopoly for high end DRAM sticks and streaming equipments.However, in the short term, the stock price isnt decided by valuations. Merely but how much people are willing to buy or sell. And in the case of CRSR, there is fund that would like to sell out of CRSR. The name is Eagletree.They are se
The only reason why Intel isnt doing worse is due to the chip shortage.When their new fabs are up, they will (hopefully) finally have the new technology to dominate the CPU market again. Before that happens the chip shortage is keeping Intel alive.I would say it is excellent timing