weird piling into COST and CRWD
Look at these charts over the last week or so, crazy climbs. People think this is the place to go when bailing out of semi's? CRWD has NEVER made a profit, no PE ratio at all and went from $440 on 5/1 to $625? Crazy overbought. And COST which is a much bigger spend in high inflation times than Walmart or Amazon, from $990 on 5/11 to $1090? I own both but this is extreme, must be very narrowly trained algo's pushing these