(03-20-2020, 10:32 PM)chadnelson Wrote: I am interested in picking up Semiconductor stocks like Nvidia, Lam Research, Microchip and Intel/Texas Instruments. I believe as people stay home, they will be locked to their phones for entertainment.I want to buy some semis too but Nvidia too expensive right now. Infact all of them are.
We cant go by the current PE. That's not valid anymore. If a stock was trading at a P/E ratio of 20 because the earning was $100, that's not valid anymore. Those earnings and revenue gonna take a huge hit.