Investors paying 70 times earnings for Big Tech will lead to 'something not good', Wall Street CIO says
1:26pm PDT - August 4th, 2020 apple stock - Business InsiderCNBC TV
- David Katz, Matrix Asset Advisors chief investment officer, told CNBC, "When you're paying 70 times earnings, something not good is going to happen."
- The CIO said he's less optimistic about where tech stocks will go in the next year …