Unhinged market selloff: AMZN and MSFT trade below 20x P/E despite strong outlooks
JOBhakdi · x · 2026-10-30
The author dissects a "nonsensical" pre-market selloff:
- Intel deserves its drop after running up with little to show;
- But high-growth juggernauts AMZN and MSFT are trading below 20x P/E with strong outlooks;
- MU fell even as Intel confirmed massive, ongoing memory demand plus huge buybacks coming in a month;
- SPCX dropped despite guiding 1000% revenue growth next year at roughly 10x forward P/E.
Two takeaways: this is when enormous returns are easiest to make, and short-term the market is unhinged — valuation logic doesn't apply.
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