Quote from GGSAE:
I'm sure you don't even trade so i don't know why i'm bothering with this reply...but when the the price of products these companies are selling continues to increase per unit, leading to higher and higher revenues and earnings, these companies will not slow down and are definitely not in a bubble. Only until they start missing earnings can that case be made....you want to talk about over-valued stocks, look to the coals...
GGSAE, that's my take on it exactly. They're strong companies, and if you're a long term investor, they're priced well, even though they may test the 200 SMA's in a bear market, they'll rebound and continue to climb. And if you're a day trader, the moves just don't get any better.