Namaste! You must have wondered why growth companies like the following have ridiculous P/E (price to earnings ratio)? Amazon (314.66 P/E) Netflix (47.04 P/E) Tesla (80.80 P/E) Nykaa (2,007.14 P/E) Zomato (not profitable/negative P/E) Paytm (not profitable/negative P/E) Etc. Let's find out. By general definition and understanding, a company is a “money-making...
Namaste! Nvidia was one of the stocks which benefited hugely by the AI (Artificial Intelligence) boom. It corrected around 68% from its all time high during October 2022. Looking back at that time, I thought it as some serious happening because Meta was down around 76% , Netflix 77% , Tesla 72% , Amazon 55% , etc. I knew these were a good buys and...
Namaste! Power stocks and the electric car maker Tesla have sky-rocketed since the Democrats took the Whitehouse in the year 2020. Tesla jumped 1300% (peak) from previous swing low of USD 29. Tata Power jumped 974% (peak) from previous swing low of INR 28. I remember watching an analysis on YouTube, which emphasized that Democrats are more "environment...
Namaste! Manappuram Finance is in the same type of business as Muthoot Finance. Both the stocks have corrected >40% from all time highs. I think it is a good time to invest in Manappuram Finance considering following questions:- Q: What is the good price to accumulate this stock? A: Don’t invest more than 05-10% of your portfolio in this stock. Rs 95-97 is a...
Namaste! I was studying various publicly traded companies and their stock price growth in modern history (1920 onwards). I was wondering how much any publicly traded stock can go? Is the sky the only limit? These are the questions in my mind. So I decided to study the stock price history and the difference between all time low and all time high. I came up with...
Namaste! MRF is the biggest valued stock (INR) in India. It's price is around half the nominal GDP per capita (2022) of India. It seems overvalued to me. You see, retail individuals cause the volatility (rapidly falling prices). Retail individuals react overwhelmingly and quickly to emotions and they cause the volatility (rapidly falling prices). But due to...