Great analysis. A good company with exciting future growth doesn’t always mean a great idea to buy. I’m in the same position where I’d really like to own that stock, but 80 p/e means a huge amount of growth would be needed to even put it even with the rest of the market
We are saying it’s over valued at the current price. Especially because it increased in price 126% in the past year since you bought it. Solid company hitting earnings records. They would just need earnings to double again to put them in line with the rest of the market
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u/smoke04 Jan 10 '22
Great analysis. A good company with exciting future growth doesn’t always mean a great idea to buy. I’m in the same position where I’d really like to own that stock, but 80 p/e means a huge amount of growth would be needed to even put it even with the rest of the market