|Bid||3,391.79 x 800|
|Ask||3,400.00 x 800|
|Day's Range||3,341.05 - 3,388.95|
|52 Week Range||2,881.00 - 3,773.08|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||58.89|
|Earnings Date||Oct 27, 2021 - Nov 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4,157.35|
Yahoo Finance's Brian Sozzi and Emily McCormick break down today's top headlines from Amazon, Zoom, and Netflix.
“Most of the old-time metrics we use, price-to-earnings, price to book, EV to EBITDA, were designed for mature companies,” says Aswath Damodaran, the professor of finance at New York University’s Stern School of Business who’s known as the “dean of valuation.” “To go into the mind-set that’s what the future looks like, already you have three strikes against these stocks,” he says in an interview with Mark Mahaney, head of internet research at Evercore ISI. Instead, he thinks investors need to look at revenue growth, and total addressable market; what margins they expect at a steady state; and the level of reinvestment needed for growth.
Among Facebook, Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two clear-cut buys and one popular stock to steer clear of.