Zoom closed over 5% higher at $536.40 on Thursday. Peloton ended trading up nearly 4% at $136.43. Both stocks hit new record highs in Thursday's session.
Zoom trading at 211 times forward earnings versus Microsoft at 32 times also gave Sanchez pause, particularly considering Zoom's 687% advance this year.
Great stocks if you got in at the right point. Valuations now, waaay too high. Remember, pigs get slaughtered.
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