GeekMBA360

Career and Money Advice At The Intersection Of Business And Technology

GeekMBA360 header image 4

Are we heading to recession part II?

November 10th, 2009 · No Comments

The recent rising U.S. stock market does NOT make sense to me. Amazon.com stock is trading at $130.15/share this afternoon. Its P/E ratio is 76.74. Google’s P/E ratio is 36.56. Apple’s P/E ratio is 32.28. Given Amazon’s thin margin, its current stock price is absurd. It’s the kind of number we saw during the last […]

[Read more →]

Tags: Beat Recession · Personal Finance