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Why Big Tech Stocks Are so Much More Attractive Than They Were Only Two Months Ago
Nvidia and Micron are examples of companies whose forward price/earnings ratios have fallen dramatically as profit estimates have soared. These are among a large number of Big Tech stocks whose forward price/earnings ratios have declined since the end of October.For most Big Tech stocks, forward price/earnings ratios have declined recently, and it is not only because share prices have fallen.Forward price/earnings ratios are current stock prices divided by consensus 12-month earnings-per-share estimates among analysts working for brokerage and research firms. For this article, the forward P/E ratios are based on LSEG's "smart estimates," which are adjusted weekly to remove extreme outliers among the analysts' estimates, as well as individual estimates that have not been revised recently.So we added those four Magnificent Seven companies to the components of the S&P 500 information technology sector and then sorted the list by market capitalization. Here is how forward P/E ratios and ro
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- A.a·01-10 11:12Y Tak call me whenever you get a chanceLikeReport
- A.a·01-10 11:11Y Y Tek so much more active thanLikeReport
