Mean reversion is required in many forms
While Oracle Corp (ORCL:US) isn’t part of the Mag-7, it mimics a similar 10x EV/Sales multiple and is probably trading at a greater extreme. A decline in its stock price to $128 or below would help in halving that EV/Sales figure. November 28, 2024 rob@karriasset.com.au
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed