Honest question.
Usually you buy a stock because you find it valuable, and you set an exit price for when you believe its stock price is now too high, and you take gains and get out.
However, with the current AI growth/bubble, how are you determining this?
For example Google is up over 100%, but the consensus is that you should buy Google today. So, when do you take gains? And if the answer is right now anyways, how much?
And what about crazy stocks like SNDK that's up 700%+ this year?
I'm so confused now, and I feel like P/E and almost any other indicator is meaningless.
Thank you for your help.