thanks however many might disagree with your "basic" concept....

thanks however many might disagree with your "basic" concept. like this article for instance www.********.au/2019/07/16/how-does-waaax-compare-to-faang/ i dont agree with the article but you'll see that some think our tech stocks are over valued when compared to stocks like apple and facebook which trade on p/e ratios of less than 30. my view is you always need to assess each stock individually and that the article is pretty poor and useless, even lazy analysis. i dont know if apx was listed in the us if it would demand a higher valuation, i think it would still be subjected to the gyrations of the market and given a lot of the earnings are in us dollars we also receive a bit of a kick here in aus.