Techs forward P/E sits at 18x.
Just like the 2022 bottom.
Nobody wanted to buy tech then, & now the same script is playing out again.
Meanwhile these are the 2027 multiples for some of the biggest companies:
- $AMZN ~23x
- $MSFT ~22x
- $GOOGL ~20x
- $META ~19x
- $TSM ~18x
- $ORCL ~15x
- $NVDA ~13x
- $MU ~4x
- $SNDK ~4x
Generational buying opportunities like these, don’t get much clearer.
This market wide pullback won’t last long…