Magnificent 7 valuations are still significantly lower than the rest of the SPX
On a Price-to-Earnings-to-Growth Ratio, Magnificent 7( $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ ) valuations are still significantly lower than the rest of the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$
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I’ve owned NVDA since 2017. Recent history of NVDA earnings prints have been more suggestive of local top moments than breakout moments for the stock.
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https://twitter.com/Marlin_Capital/status/1761070438405337570
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- LEESIMON·02-24🩷GoodLikeReport