“In the current economy, a PER 13 is no longer a standard”

Rafael Ojeda, Analyst of Fortage Funds, points out that the large US Tech companies are currently overvalued as are quoted at a high PER. “We have to get used to the fact that in a new economy in which a PER 13 is no longer a standard, and to consider companies, particularly within the Tech sector, with high PERs”.
Ojeda reminds that “such companies are providing a 60 / 70% of the US listed companies current yields, and are the ones pushing indexes’ maximums month after month”.
Fortage Funds’ Analyst analyzes the situation of the healthcare sector in the US and, further to it, the current interest in emerging markets and ESGs.