Tech Stocks Keep Tanking?

SunTrader said:
When it hit $520 there was a bounce end last week, though of the one and done dead cat variety. ATM $480 looks more of the same.

Have at it! Overall market sentiment ain't great, stonks like NFLX worse.
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I like it when I lose money but know I didn't get in at the top. lol

All jokes aside, I'm not looking for a quick rebound though, looking to hold for at least end of 2022.
 
Far better companies to hold for a year. Funnymentally NFLX has shot its load. Anemic growth other than in places like India where revenue per subscriber is miniscule.
 
AMZN is just another bloated pig like most of the "safe" large cap tech stocks. Only Google & Facebook are reasonably priced.

NFLX 40 times EBITDA
AMZN 65 times EBITDA
AAPL 25 times EBITDA
MSFT 23 times EBITDA
FB 16 times EBITDA
GOOG 13 times EBITDA

Netflix would have to fall another 67% to reach Googles number. AMZN would have to fall another 80%.

edit: I forgot about the biggest bloated pig of all: Salesforce. $455 million EDITDA & $221 billion market cap. Truly astounding. 486 times EBITDA.
 
nitrene said:
AMZN is just another bloated pig like most of the "safe" large cap tech stocks. Only Google & Facebook are reasonably priced.
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And why AMZN and NFLX are in bear territory already. My point.

Earnings, we don't need no stinkin' earnings.

Price is all.
 
nitrene said:
AMZN is just another bloated pig like most of the "safe" large cap tech stocks. Only Google & Facebook are reasonably priced.

NFLX 40 times EBITDA
AMZN 65 times EBITDA
AAPL 25 times EBITDA
MSFT 23 times EBITDA
FB 16 times EBITDA
GOOG 13 times EBITDA

Netflix would have to fall another 67% to reach Googles number. AMZN would have to fall another 80%.

edit: I forgot about the biggest bloated pig of all: Salesforce. $455 million EDITDA & $221 billion market cap. Truly astounding. 486 times EBITDA.
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That is funny considering Amazon didn't go anywhere in 2021.
 
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