I still see some valuations that do not make sense. This tells me we are in a bear market rally. But unlike March or May, there are some stocks that have perhaps bottomed.
I name mine and looking forward for yours:
– ABNB: Aside from the P/S of 10 and P/E of 90 I think that there are a lot of expectations built in this stock. That they will benefit from remote word tremendously. This optimism is highly questionable. I would think that peak remote work is probably behind us, and we have not seen that expected surge.
– TEAM: the numbers just don't add up. Continues to be unprofitable.
– NOW: P/E above 100 crazy PS and have not come across one person who can justify this. They – like many stocks – are benefiting from a premium of being connected with the DoD but the maths does not support that
– TSLA: enough said on this…
Looking forward for your ideas
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