Fundamentally, we do not see any problem. The only challenge here is the valuation and over a period of time, we believe the company will do so well that the valuation now will look absolutely reasonable in the future.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking