Caution advised when investing in overvalued stocks, such as Eli Lilly, Costco, and Nvidia.
From Nasdaq: 2025-01-24 08:45:00
Investing in stocks with high valuations requires caution, as the market’s average P/E ratio is around 30.6. Keep an eye on Eli Lilly (NYSE: LLY), with a P/E of 79, as its growth may be slowing. Costco Wholesale (NASDAQ: COST) faces potential employee strikes, impacting its trajectory. Nvidia (NASDAQ: NVDA), a key player in AI hardware, faces high expectations that could affect the market if growth slows. Stay informed on these companies for potential investment decisions.
Read more at Nasdaq: 3 Richly Valued Stocks I’ll Be Watching Like a Hawk in 2025
