The Tech Sell-Off? Wake Me When Amazon Hits $200

As some of the tech darlings have fallen rather sharply over the past couple of months, I begin to get the inevitable questions about the wisdom of buying these market darlings. Everyone just assumes that because I am an investor, I care about these stocks. After all, they're the ones on the news and in the papers - the stock market equivalent of "must-see TV." The truth is that I don't give a rat's furry behind about the "growth and glamour" stocks. Why? I could never justify paying the multiples of asset value and cash flow that these stocks fetch at any given moment in time... except in the aftermath of a precipitous decline. But are they on sale "enough" to suit my tastes or, since you're here, move me to recommend that you spend your hard-earned ducats on them? Let's have a look... Tags: Technology Article To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Tech Sell-Off? Wake Me When Amazon Hits $200 appeared first on Money Morning - We Make Investing Profitable .
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