Have I Got a Deal for You! The Stock Selling at 573 Times Earnings That Just Keeps Rising

Stock market valuations are severely stretched by historical standards. Earnings multiples and other financial ratios no longer make sense. But despite this, investors are still buying.

I continue to preach: the days left in the stock market’s rise are numbered.

As I see it, excessive speculation rules the stock market right now. And that is dangerous because investors are making decisions that they shouldn’t be making. Irrationality is growing. Those who say the stock market will decline, like me, are few and far between.

Investors are putting big money into companies that are nowhere near being profitable.

Just look at Amazon.com, Inc.

The post Have I Got a Deal for You! The Stock Selling at 573 Times Earnings That Just Keeps Rising appeared first on Stock Market Advice | Investment Newsletters – Profit Confidential.

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