I mean international does look cheap with their low P/E ratios and higher dividends. No one knows the future but ytd international is outperforming the spy
It’s a cool idea, but it’s got shit momentum and legitimate growth headwinds. Easier and easier for companies to just pay meta/google for turnkey advertising via AI engines.
Considering the trending of multiples and it bumping up against 5 year lows for like the 3rd time, it appears it’s high risk to break it and fall 20 or 30% or more from here. I really like it below 20 forward p/e though. At that point, I will join you and do 1% weekly till I hit a 15% portfolio limit.
At those prices it really shouldn’t drop much lower, and any good news and it doubles.
The best investor I know, guy who was there for Gamestop before the boom, RKLB a year ago, BTC back in the day, when I asked him if he thought the P/E ratio of Palantir was too high asked me, with a straight face "What is P/E ratio?"
That's when I knew that valuations meant nothing. Bro also timed the market crash in March and rebound in April lol.