Applied Materials is now trading at over 16x sales, its highest valuation ever - above the peak from April 2000 (15x sales). $AMAT
https://www.youtube.com/watch?v=bXzTqIirby8&t=36s
Charlie Bilello highlights that Applied Materials is trading at over 16x sales, exceeding its April 2000 peak of 15x sales—an all-time high valuation multiple. The implication is that the stock may be overvalued at current levels.