Assuming no great growth isn't entirely reasonable when analyzing a company that has had a CAGR of greater than 50% for the last 8 years, and intends to continue.
If you think that's the reality, you should go short in a big way. Stock would be overvalued by 90%.
Meanwhile, a 50% CAGR on an annual revenue of $25 billion is exactly what you want when interest rates will be zero indefinitely. Not at any cost, of course, but if you were so smart that you saw this in 2015, you would have bought then.
If you think that's the reality, you should go short in a big way. Stock would be overvalued by 90%.
Meanwhile, a 50% CAGR on an annual revenue of $25 billion is exactly what you want when interest rates will be zero indefinitely. Not at any cost, of course, but if you were so smart that you saw this in 2015, you would have bought then.