I've been following Palo Alto Networks stock (PANW) … and it has left the dot com bubble in the dust. This is probably one of the most, if not the most overvalued stock in the stock market.
If you thought Paypal was overvalued at PE of 80, this stock has an insane PE of 166 (!!)
It's basically a huge bubble ready to burst. It's business is nothing remarkable, cyber security – tons of competitors, will never be a monopoly, like Oracle. It has no unique technology. It's basically been pumped into the stratosphere.
It's discount cash flow value is $40. But it trades at $296
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