As fas as I am concerned the top 5 global technologies companies Apple, Microsoft, Amazon, Alphabet, formerly Google and Meta, formerly Facebook are overvalued.
Microsoft's financial results for 4Q2022 reported yesterday confirm this, I think. Microsoft reported only 2 % sales growth in 4Q2022 year on year. Most intriguing were the quite weak results in the cloud computing business of Microsoft.
Actually, cloud computing underpinned by artificial intelligence, AI is what most technologists consider the main growth driver for both the technology sector and the global economy.
In view of the above, according to my opinion:
1) Apple is 50 % overvalued
2) Microsoft is 40 % overvalaued
3) Amazon is 57 % overvalued
3) Alphabet is 30 % overvalued
4) Meta is more or less fairly valued, after the recent stock price fall, interestingly enough
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