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Old 11-25-2020, 07:44 AM   #6240
lewdog lewdog is offline
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Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
I'm starting to realize PE ratio is pretty damn worthless. There's too many good growth companies who's PE ratio looks terrible but with continued growth will "grow" into a better PE number. I think the key on some of these fast running stocks is to know when to get out, using stop loss orders to lock in gains rather than just being stubborn and holding long term.

There's still plenty of risk involved, but so it buying a low PE stock thinking it's undervalued, when in fact it's simply growing poorly and is now stagnant.
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