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Do You Still Think Tech Stocks Are Cheap if Their Growth Is Slowing?
Google grew its revenue 6% quarter over quarter. For a growth company, that's not great. Do you still think tech stocks are cheap if their growth is slowing? I'm going to get into that. Here's the thing. What valuation level are you comparing it to? The last three years or the four years before that? Or he feels like how much of the valuation, if you're doing a relative comparison, will be hard to figure out when to compare current valuations to.