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The price of this tech stock has gotten out of hand.
Some tech stocks have gotten so expensive they're uninvestable. In this video, Travis Hoium covers a stock that's performing well but is so expensive that investors buying now may underperform the market for years.
*Stock prices used were end-of-day prices of Jan. 15, 2024. The video was published on Jan. 18, 2024.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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