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For comparison's sake, the tech-heavy Nasdaq-one hundred index trades at a forward P/E a number of of 30.three. And even far more noteworthy, primarily based on this metric, these two stocks are less costly than any of the other Magnificent Seven companies. When Meta just announced a tiny dividend, these companies have commonly returned capital to shareholders through stock buybacks. In the previous few years, they have accomplished a amazing job at shrinking their outstanding share counts, which boosts their earnings per share. These are financially sound firms that generate tens of billions of dollars in operating money flow on a quarterly basis.
