These 3 Tech Stocks Are Absurdly Overvalued Right Now
High-growth tech stocks aren't usually considered defensive investments, but many of them are naturally insulated from the COVID-19 crisis and other macro headwinds. Those strengths have attracted a stampede of bulls over the past year, but many of those high-flying tech stocks are now wildly overvalued.
Here's a trio of beloved tech stocks that have generated huge returns, but could be running out of room to run: Zoom Video Communications (NASDAQ: ZM), Pinduoduo (NASDAQ: PDD), and ServiceNow (NYSE: NOW).
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Source Fool.com
