Investing Daily Printable PDF The recent tech swoon might seduce you into thinking now is a good time to load up on names that seemed prohibitively expensive just a few months ago. For example, Tesla (NSDQ: TSLA) has dropped by a third since peaking at $900 just two months ago. However, even at a reduced share price of $600, TSLA is valued at 156 times forward earnings. Amazon (NSDQ: AMZN), down 10% over the past six weeks, is trading at 60 times forward earnings. Those stocks may be a lot cheaper than they were, but that does not make them cheap. With the stock market at record highs, ...