Mike Hunt shared · Dec 17, 2021 19:15

Excellent explanation

I personally love these type of stocks like $Procter & Gamble (PG.US)$ $Philip Morris International (PM.US)$ because their valuation is straight forward compared to growth stocks that have negative P/E and are valued on future income that may or may not occur. growth stocks like $Virgin Galactic (SPCE.US)$ or $FuboTV (FUBO.US)$ are valued in revenue growth and improvement of margins and that makes them difficult to compare to one another.