Microsoft still has a higher market cap than the entire Energy sector in the S&P 500 today.
Keep in mind:
Exxon alone produces just as much annual free cash flow as $MSFT today.
And no, this is not just a specific case with $XOM.
All the energy companies in the S&P 500 are profitable on a free-cash-flow basis today.
Either tech companies are still too expensive, or energy stocks remain a bargain… or both...
The CIA funds big tech to carry out their monitoring operations. The CIA help overthrow governments for their natural resources for dollar hegemony. It’s fair.
Stock price is based largely on expected future free cash flows. The energy industry is cyclical and most likely heading downhill, and you cherry picked the best year in history for this comparison. Key word - “history” - FCF like last year isn’t going to be repeated this year.
It’s because investors are pricing future potential.
Employees should be too.
Think about it…