In today's edition of MarketFoolery, host Chris Hill and analysts Bryan Hinmon and Jeff Fischer look at two stocks they believe are overvalued today: Gap (NYSE: GPS) and Open Text (Nasdaq: OTEX).
Bryan believes that while Gap has done a lot of things right recently, the retail space isn't hospitable for the company today. Gap just doesn't seem to have the same brand cachet it used to, and Bryan looks at one very telling stat that illustrates its slip in brand strength.
Jeff looks at a $50 put option on Open Text, which he finds to be too expensive today. Because Jeff believes the company remains undervalued at today's prices, put options are by nature overvalued.
