These 3 Tech Stocks Are Absurdly Overvalued Right Now
High-growth tech stocks aren't usually considered defensive investments, but many of them are naturally insulated from the COVID-19 crisis and other macro headwinds. Here's a trio of beloved tech stocks that have generated huge returns, but could be running out of room to run: Zoom Video Communications (NASDAQ: ZM), Pinduoduo (NASDAQ: PDD), and ServiceNow (NYSE: NOW). Its revenue rose 88% in fiscal 2020, which ended this January, as its adjusted net income soared 514%.
