Interesting ArticleDespite the recent volatility, some strategists still point to growth stocks with healthy balance sheets.
"As economic conditions start to slow down, you do need to see balance sheets very, very strong," Principal Global Investors Chief Strategist Seema Shah told Yahoo Finance Live earlier this week.
"Although this is quite a challenging time, we do still have some faith in mega-cap tech names, especially from a stability perspective for your portfolio," she added."
https://finance.yahoo.com/news/tesla-stock-is-a-confidence-gauge-for-markets-strategist-221240873.html
JMO but with a Price to book of 7.63. and a PE of of 62 I would not call that a strong balance sheet at all. You are welcome to explain why if you want but use facts and not name calling if you could.
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