#stockmarket #yahoofinance #valuations
Valuations on the broader market and popular stocks such as Nvidia (NVDA) just feel too hot, pros are starting to chatter about. “There’s definitely some level of froth [in markets],” Fed Watch Advisors founder Ben Emons told Yahoo Finance Executive Editor Brian Sozzi on Yahoo Finance’s Opening Bid podcast. “There’s a lot of liquidity in the market. You see speculation through these meme stocks — so that’s happening.” Emons isn’t alone. Morgan Stanley’s top strategist Mike Wilson warned this week of a 10% pullback in stocks ahead of the election. Wilson is among the experts on the worried about current stock valuations. And Nvidia’s stock caught a rare downgrade to neutral by New Street Research on valuation concerns. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
