Using the Price Earnings Ratio Has Kept You Poor
Tesla now has a $780 billion market capitalization. I wrote in August, 2020 that Tesla will overcome denial within 8 months to become a $1 trillion tech giant. Five months have passed. A surge to $1100 per share will make Tesla a trillion-dollar company. Tesla will not stop there. You Could Have Bought Amazon 20 Years Ago and Become Rich -But You Use PE Ratio to Analyze Stocks However, there is still denial. The most common denial is around PE (Price Earnings) ratio. If a company’s stock is trading at $100 per share and the company generates $4 per share
The post Using the Price Earnings Ratio Has Kept You Poor first appeared on NextBigFuture.com.