Growth is very attractive because rarely do stagnant companies become growth stocks and plenty of growth stocks keep growing and growing and growing. I thought Amazon would stop being “overpriced” for like 15 years now. Nope. Always trades at a generous multiple and (generally) keeps growing.
I’m personally not a huge fan of rivian as a stock but in general this market loves to give growth stocks a massive premium.
Growth is very attractive because rarely do stagnant companies become growth stocks and plenty of growth stocks keep growing and growing and growing. I thought Amazon would stop being “overpriced” for like 15 years now. Nope. Always trades at a generous multiple and (generally) keeps growing.
I’m personally not a huge fan of rivian as a stock but in general this market loves to give growth stocks a massive premium.