Tuesday, June 16, 2015

Are Apple $AAPL and Google $GOOG Stock Screaming Bargains?

Hunting for tech stocks to buy can be both fun and frustrating, as there are plenty of headlines to soak in about all the supposedly world-changing innovations come out of new and established companies in the space. Of course, that also means plenty of noise to sort through.
And, while tech undoubtedly has a huge impact on our world — which means stocks in the sector often come with over-sized growth prospects — investors are forced to shell out a premium to bet on that potential.

It takes just a quick sampling of some of the hottest tech stocks out there to illustrate this reality. Even Facebook (FB), which has been transitioning from a new kid on the block to an established, proven company, is trading for more than 30 times its expected 2016 earnings. And, that’s just a fraction of the forward P/E ratio that comes with picks like Twitter (TWTR), Tesla (TSLA), and Amazon (AMZN). (more)

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