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MisterEC

11/04/13 8:30 PM

#1815 RE: MisterEC #1814

A piece from seeking Alpha. I don't know how high this one might go, and I have already booked a good profit, with the shares that I remaining being paid for.

"Investors should keep away from many high flying, high valuation stocks, because a 20% - 30% correction might actually be the best you will be hit with. There are stocks out there that will correct a whole lot more if we see a major market correction one of these days.

Among others are 3D systems (DDD), Workday (WDAY) and my favorite overvalued stock LinkedIn (LNKD).

All of these stocks trade at extremely high P/E, P/B and Price/Sales multiples that are not -- in my opinion -- deserved, even if these stocks are exhibiting above average growth.

So be on the lookout if you have a very high grossly overvalued stock in your portfolio, because the first ones to correct are the big boys, and the smaller less talked about stocks, usually follow."
http://seekingalpha.com/article/1788342-high-flying-stocks-are-beginning-to-crack?source=yahoo