For the long term it is a good company!
But valuation wise i think it is overpriced? PE ratio is close to 40 if i am not wrong, best to recheck on yahoo finance.
And seems like every tom dick harry is talking about either tesla or apple. Like buffet mentions, be fearful when everybody is greedy.
I would sit back and watch and only go in if the price is at a better valuation. Stocks will correct somehow or another, when? nobody knows, but the rule is to buy stocks at a fair value :)
For the long term it is a good company!
But valuation wise i think it is overpriced? PE ratio is close to 40 if i am not wrong, best to recheck on yahoo finance.
And seems like every tom dick harry is talking about either tesla or apple. Like buffet mentions, be fearful when everybody is greedy.
I would sit back and watch and only go in if the price is at a better valuation. Stocks will correct somehow or another, when? nobody knows, but the rule is to buy stocks at a fair value :)