Downtown Josh Brown
👤 SpeakerAppearances Over Time
Podcast Appearances
And we'll see where earnings growth ends up.
But, you know, for the most part, it's been between 10 and 15.
Yeah, of course.
Yep.
I know.
Nice job.
I figured.
Yeah, no, and we have the data going back to the 60s, right?
I have it going back to the 30s.
That's all.
I don't really have technology.
I was like, wow, you'll have to share that with me.
There is, there's a relationship.
The cheaper technology stocks have been relative to the S&P 500.
Well, I think it depends on their ultimate margin structure, which we don't know the answer to yet.
With a much higher margin structure and return structure.
So far, yeah.
Currently.
That's what I mean.
So what we know is to date, that has not been true in the sense that they have spent more in terms of CapEx, and yet they have retained this margin structure.