Big Tech

[ken-do-nim]

(01-26-2021, 04:21 PM)EricL Wrote: MSFT with another blowout quarter.

Revenues of $43.1B, an increase of 17%.
EPS of $2.03, an increase of 34%.

Shares are currently up 6% after-hours.

I'm going to make this my highest position in 2021 I'm just so impressed with their consistent performance.

[ken-do-nim]

(08-01-2020, 11:19 PM)rayray Wrote:

(08-01-2020, 04:22 PM)fenders53 Wrote:

(08-01-2020, 07:42 AM)rayray Wrote: I own AAPL, AMZN, NVDA, QCOM, CSCO and SHOP

I'll sink with all of them, not selling. Not buying either, not at this time.

Looks like a pretty good buy and hold tech stable to me.

Yea, I try not to buy anything I'd feel uncomfortable owning for a very long time. SHOP, it wasn't a spec buy more so of a dollar cost average buy. I read about the company, seen some interviews with the CEO/founder, really liked him and did more research. The research told me the company was overvalued at 85, I was thinking okay I like the company so much but don't want to forget about it (it wasn't written about like it is now) so I bought 25 shares thinking I'd buy more at 30 or 35 or so...yea that never happened! 

I forgot.....I do own AVGO also

I was just re-reading this thread and noticed SHOP.  I'd never heard of it before, so I decided to look it up.

OH MY GOD.

P/E of 795, not as bad as Tesla, but still.

5 years ago: $28.21
today: $1287.75

That's x45.6 your money, in 5 years.  Unreal.  What's so special about Shopify?

***

As to everyone referring to Apple & Microsoft as overvalued in earlier parts of this thread, today their P/E rations are 37 and 36 respectively, so I don't get it.

[fenders53]

What's the revenue growth rate for AAPL the past few years? Awesome company but growing enough to justify PE? You have to look at different metrics. For now the market doesn't care anyway. They see a 4T market cap and that might just happen.

[EricL]

Big cap tech is back to leading the market higher.

MSFT up another 2.27% to a new all-time high.
GOOGL up 2.2% to a new all-time high.
AMZN up nearly 2% and within 2% of a new all-time high.
AAPL up 1.73%, and now just 3.75% from a all-time high.