The video explains that 75% of tech stocks are overvalued, with 42% having negative earnings per share as of February 2023, leading investors to anticipate a 15% market correction despite the Nasdaq's 32% rise since January 2022.
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Tech Stocks: 75% Overvalued?Hinzugefügt:
Everything you think about tech stocks is wrong. 75% are overvalued.
The Nasdaq has risen by 32% since January 2022.
Here's why that matters. This triggered a 25% increase in investor expectations.
The reason is wild. 42% of tech stocks have negative earnings per share as reported by Bloomberg on February 10th, 2023.
As a direct result, investors are bracing for a 15% correction.
What will happen to your portfolio when the correction hits?
Subscribe for daily facts.
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