Growth Stocks Valuations to Day

When markets are at extreme levels of optimism, every company in the affected field is treated as a long term winner b if bought. However, this is only for truly special companies, which are few and far between. It seems imprudent to opine on the level of the overall market without being fully informed regarding the teck companies that now account for so much of equity induscies like the s an p 500. Some of to day's lofty valuations are probably more than justified by future prospects, while others are laughable. Just as certain companies that carry low valuations can be facing imminent demise, while others are just momentarily impaired.