
Ep. 77: Steven Birch: Are These High-Flying Tech Stocks Flashing A Rare Sell Signal?
Investing With IBD
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Multiple Expansions in the Stock Market
In 1999, stocks blew through every analyst price target until it got to the point where the analysts just gave up and they started giving out crazy price targets. And that's that all kind of clustered around when things were ending. Yahoo, Amazon, AOL, Nokia, eBay, Schwab, Sun Microsystems, Cisco, Emulux, Qualcomm, Adobe, Checkpoint, Seabull, business objects, Oracle, Monster,. N-Tap, Cree, you guys, some of these people, no. No one is going to say we're not there yet. Our models would indicate that there's still room for names like Nvidia, Tesla, believe it or not, there's still
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