I believe you are right. But in the current environment. It seems it will retain price power despite the current tariff/volatility.
Still not convinced as valuation is elevated!
Could be increased R&D and costs prior to the launch. Margins should increase after the sales of the Switch 2 ramp up. At least I would imagine.
But you are right. Better GARP stocks! I love $GAP currently. I’ve had a ton of Spotify but valuation is getting hard to justify.
I believe you are right. But in the current environment. It seems it will retain price power despite the current tariff/volatility.
Still not convinced as valuation is elevated!
also EBITDA margin is decreasing...
Could be increased R&D and costs prior to the launch. Margins should increase after the sales of the Switch 2 ramp up. At least I would imagine.
But you are right. Better GARP stocks! I love $GAP currently. I’ve had a ton of Spotify but valuation is getting hard to justify.
P/E ratio is so above its historical average too