Why it's never been cheaper for investors to snap up US tech giants
Why it's never been cheaper for investors to snap up US tech giants Facebook and Amazon shares are trading at their cheapest-ever levels relative to the S&P 500 10 February 2021 • 6:00am Tech stocks have soared in the pandemic but far from becoming prohibitively expensive, the explosive earnings growth delivered by the world's biggest technology companies means their shares have never been cheaper. Shares in social media giant Facebook and e-commerce behemoth Amazon are now trading at their cheapest-ever levels relative to the S&P 500, the index of the largest American companies, accord...
Source: telegraph.co.uk