The valuation for growth stocks is high and software in particular now carries the highest multiples since the Tech Bubble, Goldman said.
It's about time to write off high-growth tech stocks, Goldman Sachs warned, saying the double whammy of sky-high valuation and elevated regulation is becoming a "hazard" to the group. 's 15% gain in 2019, the rally has also stretched valuations to extremely high levels. The tech sector carries a valuation premium two standard deviations above its 10-year average across a range of metrics, Goldman noted. Within tech, software stocks now have the highest multiple near the peak of the dot-com bubble, the bank said.
Goldman Sucks trying to get cheaper entries $MDB $AYX $OKTA Pathetic manipulators
Please give me the symbol of ANY equity which is 'undervalued'.... This is the problem with central bank controlled FAKE markets. GuyAdami MelissaLeeCNBC
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs is reportedly combining four private-investing units with $140 billion in total assetsThe newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price. Sounds like an Amazing idea. You should only have different divisions once the division is directly managing over a trillion dollars. Then it might be big enough to warrant further management. 😄😄😄 9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!!
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs Wants to Look More Like BlackstoneGoldman Sachs is pulling together four separate units that invest in private companies, real estate and other hard-to-access deals, creating a new unit. the private vampire squid Test
Source: WSJ - 🏆 98. / 63 Read more »
Goldman Sachs is reportedly combining four private-investing units with $140 billion in total assetsThe newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price. Sounds like an Amazing idea. You should only have different divisions once the division is directly managing over a trillion dollars. Then it might be big enough to warrant further management. 😄😄😄 9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!!
Source: CNBC - 🏆 12. / 72 Read more »