Tech Stocks Continue to Push the Valuation Envelope, but That May Change
| over two months ago at Macroaxis By Nathan Young |
Facebook is beginning their defense in the public image of their latest issues with Cambridge Analytica, which is the firm that obtained personal information from millions of users. There are two separate issues and the first is peoples information being used for political gain. Many believe the elections were swayed due to this information being obtained. The second issue t... [more]
- XLK: Technology Select Sector SPDR ETF
- XLK 72.25 0.53
- Low: 71.91
- High: 72.425
- Volume: 11.3 M
- Price to Earning: 23.37 times
- Price to Book: 4.10 times
- Price to Sales: 3.09 times
- Earnings Per Share: 8.67 times
- Number of Employees: 2
- Market Capitalization: 20.99 B
- Total Asset: 19.81 B
- One Year Return: 22.12 %
- Three Year Return: 17.39 %
- Five Year Return: 18.35 %
- Ten Year Return: 12.43 %
- Net Asset: 21.83 B
- Equity Positions Weight: 99.81 %
The FANG stocks have been thought of as overvalued in the current market climate and that may be trust. Both Facebook and Amazon are off their prior highs, giving investors potential value should the company be fundamentally solid.
President Trump and his Administration have begun putting pressure on these companies for various reasons, from security to market sizes. Combine that with a nearly decade long bull run, it is a recipe for profit taking and portfolio repositioning.
 | over two months ago at Macroaxis By Nathan Young |
Facebook, the platform we all know and love is in the news for being skimmed for information relating back to a data firm. People take for granted that their information is safe...
 | over two months ago at Macroaxis By Nathan Young |
Becton, Dickinson and Company (NYSE: BDX) develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. From there, BDX o...
 | over three months ago at Macroaxis By Nathan Young |
Roku is a streaming device that allows the user to stream Netflix and other apps right to their television. With the increasing popularity of cord cutting, these types of device...
| over three months ago at Macroaxis By Nathan Young |
For those of you who have not been exposed, the media has dubbed a set of stocks with the acronym FANG, which stands for Facebook, Amazon, Netflix, and Google. You may be wonder...
 | over three months ago at Macroaxis By Nathan Young |
Today, Rite Aid sold their remaining stores to Albertsons in a deal what will complete the process of transitioning all Rite Aid stores. Rite Aid has been in the process of sell...
| over three months ago at Macroaxis By Nathan Young |
Exchange traded funds or ETF for short, have exploded in popularity in the last few years. They continue to grow and many people are implementing them in place of traditional mu...
 | over three months ago at Macroaxis By Nathan Young |
After retail struggled through 2017, 2018 has begun to show itself and Barnes & Noble could not escape. The brick and mortar bookstore announced they will be cutting staff d...
 | over three months ago at Macroaxis By Nathan Young |
With the new tax laws in place, corporations stand to benefit and Apple is no different. In response to the recent changes, Apple plans to bring back a large portion of their ov...
| over three months ago at Macroaxis By Nathan Young |
In the last few days, the markets have swung wildly, falling and dropping. The volatility index or the VIX has risen to highs not seen in quite some time and investors are begin...
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