Service Now is very undervalued, with strong fundamentals and growth potential despite AI disruption fears.
Source Post
Stock Market too Expensive?
Adam KhooMay 4, 2026
The creator discusses Warren Buffett's recent statements about the stock market being too expensive and his company holding a large amount of cash. The creator argues that Buffett's philosophy is not about predicting market crashes but about finding undervalued companies within his circle of competence, which he currently cannot find, especially in the technology sector. In contrast, the creator actively buys stocks daily, seeing opportunities that Buffett might miss due to his investment criteria.
Linked Mentions
Tickers discussed in this post
Amazon is slightly overvalued, preventing further buys despite being a large position.
Exxon is a liked company but currently very expensive.
Tesla remains overvalued despite recent price drops, making it too expensive to buy.
TJX is a great business but currently too expensive; waiting to buy when it's fairly priced or undervalued.
Meta Platforms is significantly undervalued with strong growth prospects and a low forward P/E, making it a compelling buy.
Oracle is mentioned as a stock that can provide a more detailed picture when analyzing valuation metrics.
JPMorgan Chase is considered expensive based on its price-to-book ratio.
Costco is considered very expensive with a high P/E and forward P/E, and its intrinsic value is far below its share price.
Walmart is significantly overvalued based on P/E, forward P/E, and discounted cash flow relative to its growth.
Coca-Cola is considered overvalued with a high P/E and low growth, making it an expensive investment.
Nvidia is considered a tech company that Buffett doesn't understand.
Microsoft is considered a tech company that Buffett doesn't understand.
Google is considered a tech company that Buffett doesn't understand.
Buffett's investment in Apple is noted, but his limited use of technology suggests it's an exception to his usual investment strategy.