CNBC's "Fast Money" cover image

China Tech Soars & Wall Street’s New Biggest Bull

CNBC's "Fast Money"

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Is There a Market for High Valuation Stocks?

Last night we were talking about alto. And on a relative basis, ther p and their price to sales seem kind of reasonable. That stock versed a few days ago and is up about nine % in a straightet line. It's making new multa year hies. A dot com hies 20 years ago or so. So that could be a little sneaky a play, especially as it relates valuation. I don't think many people remember that cisco is in this business tim and yet here we are.

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