hmm.. i dont quite get the logic though ( im a bit of a newbie so pls excuse me if i ask stupid questions), but wouldnt tech stocks be more volatile than financial ones? i would have though technology valuations are usually much much higher since they are usually rated on future PE/Rev growth rather than current solid revenue figures?
e.g. looking at EV/EBITDA / PE of Netflix versus something like JPMorgan?
$1.70 price target, page-48
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