Quote:
Originally Posted by lewdog
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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That’s sound.
But without real revenue the risk goes through the roof. I mean Nikola was just a month ago.
Quote:
Originally Posted by wheeler08
New to the thread. Need to start keeping up with it. I got in on AMD back when it was like $5 a share. Cashed that out to help furnish new house. Got back in a year ago with AMD.
It’s the only individual stock I own. Rest are either mutual funds or ETFs, like JETS
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Yeah. That was the original direction of the thread to determine help guys with IRAs and traditional investment accounts and the like. Then it turned into r/Wallstreetbets with fewer memes.
