Impact of higher Treasury yields on tech valuations?

asked by u/fontaine_marie · 13h · 1 answers

With yields creeping higher, how are you guys re-evaluating the growth multiples on mega-cap tech like $AAPL ($297.19) and $NVDA ($207.95)? The discount rate impact is certainly non-trivial, especially for companies whose future earnings are heavily weighted to later periods.

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  • u/ryan_j· 7 pts· 11h

    Definitely a valid concern. I've been trimming some of my longer-duration tech for a while now, reallocating into more value-oriented plays. The higher cost of capital just makes those growth multiples harder to justify.