'Growth' stocks still not cheap, cautions JPMorgan


FILE PHOTO: Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files./File Photo

LONDON (Reuters) - Tech-dominated "growth" stocks are still not cheap despite some sharp falls over the last six months, analysts at U.S. investment bank JPMorgan cautioned on Monday.

The so-called FAANGs have seen some of their COVID-era surges cut back this year, with Facebook down 38%, Apple down 5.7%, Amazon down 8.5% and Netflix and Google down 35% and 10% respectively..

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