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Apple Inc. (AAPL $209.95)
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Netflix Inc. (NFLX $1,289.62)
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Spotify Technology S.A. (SPOT $736.29)
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Axon Enterprise Inc. (AXON $802.16)
Q: Lately, these 3 stocks have performed well (exceptionally well). Sometimes it is said, "let your winners run" or "don't be afraid of new highs", however I wonder if they are becoming overvalued or extended beyond what is appropriate. Do you think P/Es of AXON @ 199; SPOT @ 129; or NFLX @ 63 show they are overvalued and it is time to sell? If you think otherwise please explain why they continue good investments and should continue to be held. Many thanks for your excellent service.