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High Stock Valuations Spark Meme-Stock Revival Concerns

7/27/2025

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Summary

Story summary

James St. Aubin, CIO at Ocean Park Asset Management, expresses concern over high stock valuations.
The U.S. stock market rally has driven major company valuations to 2021 peak levels.
Smaller, unprofitable companies are seeing notable gains as well.
This environment has led to a revival of meme-stock enthusiasm.

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Story summary

James St. Aubin, CIO at Ocean Park Asset Management, expresses concern over high stock valuations.
The U.S. stock market rally has driven major company valuations to 2021 peak levels.
Smaller, unprofitable companies are seeing notable gains as well.
This environment has led to a revival of meme-stock enthusiasm.