There is no real fundamental investing anymore – that has been gone 30+ years.
"There are no markets anymore, just interventions." – Chris Powell
It is a rigged casino driven leveraged futures/options controlled by banksters who have unlimited ability to create money. It is an open system not a closed one of supply and demand taught in the economic text books.
Thus, pricing mechanisms are corrupted due to unlimited money creation by insiders who know the interventions before they are announced.
In a nutshell, this is why gold and silver is so important.