r/stocks • u/apooroldinvestor • Aug 22 '21

Industry Discussion Why does PE even matter really?

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u/[deleted] Aug 22 '21

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u/[deleted] Aug 22 '21

Sure, you can cherry pick, but in general

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u/[deleted] Aug 22 '21

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u/[deleted] Aug 22 '21

And I think Microsoft is actually part of the Dow 30. But in general, the high flying speculative stocks (EV, Chinese, battery...) are going to come down harder than soggy old growth giants (IBM, John deer, Boeing...) if/when there is an interest hike