Lets go greek! (theta, delta, etc)
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Retail Opp Invts Cp

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Mag 7 are both insane ROIC/Growth drivers and insanely expensive so i have no clue.
No, the market is concerned with the ROIC on the CapEx - not the sheer amount of CapEx.
They’re not reacting to the tax hit - they’re reacting to the ROIC on the CapEx projection
Honestly the previous multiples made no sense to me. I can admit that they were worth a premium over monopoly and less entry threats, but yeah I had though it was still high. The ROIC and cash generation ability convinced me.
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