As the broader markets flirt with record highs, there are pockets of stretched valuations in stocks.
That’s the assessment of John Eade, president of Argus Research.
FANG stock Netflix has a P/E ratio over 200. FANG is an acronym that also includes Facebook FB , Amazon AMZN and Google/Alphabet GOOGL .
Plus, Argus just raised its price target on Nvidia , a stock at the center of a host of hot trends from E-Sports and artificial intelligence.
source
