invest1 publisher
Global tech's forward multiple fell from 29x to under 18x even as shares gained 34%
Koyfin data cited by a Seeking Alpha contributor has the iShares Global Tech ETF de-rating by more than a third in a year. Most of that move is the forward earnings window rolling on a 28.5% growth rate.
Publishers:seekingalpha.com
Reality
- Evidence35
- Adoption
- Insufficient
- Hype gap+40
- Incentives40
- Confidence55