Trainer: SPCX Priced "Twice as Good" as Most Profitable Company
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David Trainer believes investors are in for "a rough fall" and sees high-beta stocks taking a plunge as valuations continue to run higher in the stock market. He adds that the OpenAI and Anthropic IPOs will add pressure to growth projections. David also highlights what he considers red flags in SpaceX's (SPCX) stock, from the small share float to Elon Musk's firm control of the company. He adds that valuations remain astronomical, believing the stock is priced far above perfection. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on Distr
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