Is This a Stock That's Not Expensive?

In an inflationary environment, you might want to invest in things like a technology tools that are effectively deflationary and make your work force more productive. In my opinion, i will take the other side on rate thing. I get when rates rise, you might not want to be in higher valuation stocks. But for the market we have, this stock is not expensive. And the premum the carren pointed out that they trade at is deserved.