by Gary Gordon | Nov 20, 2020
The investment community is not only willing to look beyond virus vaccination to economic nirvana, it is also willing to ignore extraordinary stock overvaluation. Consider the price-to-revenue metric. At 2.7x corporate sales, stocks have never been frothier. Another...
by Gary Gordon | Nov 17, 2020
What does it mean when a company has beaten earnings expectations? In theory, it implies that a public corporation is performing extremely well, justifying a higher price for its stock shares. The reality? Market analysts intentionally set the expectations bar near...
