the Price to profits (P/E) The percentage is one of the most used standards to determine whether the stock is expensive or cheap. In general, the higher the P/E ratio, the more expensive the stocks for their profits. But in times of morale on risk, investors tend to overlook the high P/E ratios, betting on the potential for growth and momentum instead.
However, when feelings turn more, the triglycerides arrows often reach the most difficult. This is exactly what is happening now with Palantir Technologies Inc Nasdak: PLTRand Tesla Inc Nasdak: TeslaAnd Broadcom Inc Nasdak: AVGO. Each of these technology giants has more than 100 P/E and is currently witnessing a decent sales pressure.
However, sharp declines sometimes create attractive opportunities to enter those who want to bet on a long -term story. Let’s take a closer look at the reason for each of these three shares a construction bounced in March.
PLTR: decreased by 30 %, but still maintains February gains
Palantir Technologies today
$ 73.21
Reduce
Based on 22 analyst classification
| High expectations | 141.00 dollars |
|---|---|
| Average expectations | $ 73.21 |
| Low expectations | 18.00 dollars |
Palantir Technologies
Palantir was a wild trip this month. After achieving a record earlier in February, the stock decreased about 30 %, which was restored to a large part of its recent gains.
A large part of the sale pressure stems from concerns about potential defensive spending discounts in the United States, which may affect the contracts of the Balnter government. With the P/E percentage of 480, the stock is undoubtedly one of the most expensive markets.
However, it should be noted that Palantir crushed analysts’ expectations in his profit report in early February, proving that his work momentum is still strong. In addition, analysts remain optimistic, as Loop Capital issues last week’s purchase rating and a $ 141 goal, which indicates alongside the highest target more than 50 %. If the feelings are stabilized and buyers enter, then the lost land is recovered quickly and pushes up to March.
TSLA: High price arrow has become increasing
Tesla stock forecast today
319.57 dollars
Hold
Based on 37 analyst classification
| High expectations | 515.00 dollars |
|---|---|
| Average expectations | 319.57 dollars |
| Low expectations | $ 24.86 |
Tesla stock forecast details
Tesla is not alien to high assessments, but with P/E of 162, it trades 27 times from Ford Motor Company New York: p. Given that the stock has been sold for several weeks so far, it is clear that this comparison does not sit well with many investors.
Since its peak in December, Tesla has since decreased by 30 %, as it decreased by submitting a report on weak profits in late January and added to the evaluation concerns. When an arrow is already trading on a high double and then disappointing the profits, Wall Street tends to respond strongly, and this is exactly what we see now.
However, Tesla may approach a turning point. RSI’s reading is 32, indicating that the stocks approach a very large sale area. If it decreases further, this may soon lead to a technician, if not a full recovery gathering. For investors who want to look at the evaluation fears and focus on the long -term growth story in Tesla, this withdrawal can provide an attractive entry point before the momentum turns again.
AVGO: 20 % withdrawal with a great catalyst in the future
Broadcom shares expectations today
225.04 dollars
Moderate purchase
Based on 26 analyst classifications
| High expectations | 260.00 dollars |
|---|---|
| Average expectations | 225.04 dollars |
| Low expectations | $ 170.00 |
Broadcom
Broadcom’s share price has decreased nearly 20 % since December, including a 10 % sharp decrease during the past three sessions alone.
In P/E of 161, Broadcom looks much more expensive than its semiconductors such as Nvidia Corp Nasdak: nvda With P/E of 51, and Qualcomm Inc Nasdak: qcom With P/E of 17, which makes it a major goal for the evaluation -based sale.
But there is one major reason to monitor Broadcom – its record of providing strong profits. Next week Q1 profits report can be a major incentive that reflects the last slide of the share. In addition to the upscale issue, Morgan Stanley recently released an overweight rating and a price goal of $ 246, indicating approximately 20 % of the closing price of $ 207.
If Broadcom offers strong numbers next week, expected the arrow to bounce sharply from its lowest levels as investors set its long -term strength instead of its high evaluation.
Final ideas
The P/E trps is often the first to be sold when it turns defensive feelings, but it can also be the first to bounce once dust stabilizes.
The last withdrawal from Balddir may be delayed, and Tesla is close to the conditions of sale, and has a great catalyst in profits. For investors ready to overcome short -term fluctuations, these three stocks can create strong movements in March.
Before you think about NVIDIA, you will want to hear this.
Marketbeat follows the best research analyst at Wall Street, the best performance in Wall Street and the stocks they recommend to their customers on a daily basis. Marketbeat has identified the five shares whose senior analysts whispered quietly to their customers to buy now before hunting the wider market … NVIDIA was not in the list.
While NVIDIA currently has a “moderate purchase” classification among analysts, higher -rated analysts believe that these five stocks are better.
Show the five stocks here
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