2min chapter

Goldman Sachs Exchanges cover image

Is big tech back?

Goldman Sachs Exchanges

CHAPTER

The Nasdaq Index Trades at Richer Multiples Than It Does

The Nasdaq overall trades about 25 times earnings. The seven-year average is slightly below that in kind of the low 20s range. If you adjust the tech sector for the level of the market, we're actually pretty close to the long-term average.

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