The word “cheap” doesn’t get applied to many tech stocks these days, especially after a rally that has seen the Nasdaq Composite index soar by 46% in the past year. And it’s true that you’ll have to pay much more for quality businesses today than you would have shelled out back in early 2023.
That’s the price an investor must pay for a brighter sentiment on Wall Street. As billionaire Warren Buffett pointed out in 2008, “If you wait for the robins, spring will be over.”
Still, there are always…
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