Amdocs' high P/E ratio is justified by its above-average for...
Amdocs' high P/E ratio is justified by its above-average forecasted growth. Shareholders' reluctance to sell indicates confidence in the company's prosperous future, suggesting the share price won't fall significantly soon.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000185058efc05d71.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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