APP vs TSLA , for instance
It's always interesting to look at hype and then actual earnings and revenue.
I look at Tesla who has a PE of about $320 and is never made its targets and is not particularly profitable and really subsist on hype. And the next great thing doesn't happen. They've been around long enough to perform and they haven't done it.
Then I look at Applovin very successful staggering margins consisting growth with a low PE. Double the revenue growth of Tesla. Healthy predictable reliable cash flow. And growing beyond their market of gaming into other areas.
Evidently robo taxis and AI robots are going to take over the world and everybody's going to buy them. The robo taxi market is targeting Uber and Lyft, but yet Tesla sells cars and robo taxis would displace that business supposedly. Right now their main business is making cars electric ones. And the competition is fierce and if China ever steps in, it's going to crush them.
Things that make you go hmmmm
I'm sure there's other examples of height versus reality. Seems to be hype is winning.