Trillion dollar Market Caps: Fairy Tale Pricing or Great Businesses?
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Trillion dollar Market Caps: Fairy Tale Pricing or Great Businesses?
A few weeks ago, Nvidia hit a $5 trillion market cap threshold, and while it has retreated since, we have seen a wave of companies breaching the trillion dollar market cap level. When these thresholds are reached, there are two opposing responses, with one (from the value investing group) arguing that this is clearly an overpricing and the ...
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