No. of Recommendations: 2
According to an analysis by UBS, the "Big Six" stocks - Apple, Amazon, Google, Meta, Microsoft and Nvidia - have become
cheaper relative to the rest of the market over the past 12 months.
Because of the higher returns of the Big 6 over the past two years, “it is natural to assume that their valuations would be extended,” said Jonathan Golub, chief U.S. equity strategist at UBS, in a note.
However, their multiples have increased less than the rest of the market. “Earnings have contributed far more to the mega-cap tech stocks in 2024 than the rest of the market (38.9% vs. 5.0%), and their valuations are up less (5.8% vs. 8.6%).”
See
seekingalpha.com - The big stocks valuations are cheaper than the rest of the sp ubs for more details.
