to underperform from neutral, saying the worsening "financial health of the subprime consumer" raises concerns on the rental company.
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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?