The history of companies with Nvidia-like valuations isn't a good one

There will be two major drivers of market sentiment this week — the gathering of Federal Reserve officials in Jackson Hole, Wyo., and Nvidia’s set of results — although there could be some fireworks from the Labor Department’s preliminary benchmark revision to the jobs data on Wednesday.Jeremy Schwartz, global chief investment officer at WisdomTree, decided to take a look at Nvidia NVDA, -0.

The underperformance is even starker for the tech companies that hold the biggest price-to-sales ratios. And the median performance for stocks at these price-to-sales ratios is even worse. For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

These 20 dividend stocks have been the best income growers in the S&P 500Rather than focusing on high current dividend yields, you might build an income stream for retirement by holding stocks over the long term as payouts increase.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »