Palantir is priced at 261 times fiscal 2025 net income. We solved for what a 10% five-year return requires: net income compounding near 40% a year and a 40 times exit multiple. Only one corner…
$10,000 in Costco at $895 earns about $222 a year, a 2.2% earnings yield at 45 times trailing EPS. What return does the stock need from growth and a 30x to 50x exit multiple over…
JPMorgan set its record close of $365.18 on August 12 and now sits 4.6% below it, at 15 times earnings. It looks fairly priced against banks, yet 2.7 times book is far above its own…
Alphabet’s P/E of 17.5 is the lowest of the five big tech names, but trailing net income runs $96.6 billion above operating profit. Priced on operating profit it ranks third, behind Meta and Microsoft. Here…
The Shiller CAPE is near 41, second only to 1999. Here is what the number measures, why it may exaggerate the risk, what our own data shows about a narrow group of 50 expensive stocks,…