to underperform from neutral, saying the worsening "financial health of the subprime consumer" raises concerns on the rental company.
This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2021 annual reports, $FB $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all - overvalued by 4,046% !!!
Per WarrenBuffett INTRINSIC VALUE formula, based on 2020 annual reports, China's tech giants such as $BABA and $BIDU are significantly overvalued by 582% and 789% compare to IntrinsicValue!!! Do you think other Chinese stocks are not significantly overvalued?
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