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Scottish Mortgage Investment Trust outlook
As noted above, the market has been selling shares in Scottish Mortgage due to valuation concerns. These concerns may have some merit. Many US tech shares look incredibly expensive at current levels after achieving one of the best performances on record last year.
Nevertheless, while some US tech shares look expensive, it’s impossible to tell what the future holds for these companies.
Indeed, at the beginning of last year, it seemed to me that many companies looked expensive, but I had no way of telling how a global pandemic would have reshaped the global economy.
Scottish Mortgage Investment Trust shares are falling: are they priced to buy? fool.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.co.uk Daily Mail and Mail on Sunday newspapers.
Tesla shares: here s what I would like to do - The Motley Fool UK fool.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.co.uk Daily Mail and Mail on Sunday newspapers.