Despite a high P/E ratio, investors hold onto their stock ex...
Despite a high P/E ratio, investors hold onto their stock expecting the company to defy market adversity. However, this could lead to disappointment if the P/E falls in line with the growth outlook. High share price and predicted earnings may not support the positive sentiment for long, risking shareholders' investments and potential investors paying an unnecessary premium.
Advanced Micro-Fabrication Equipment Inc. China's (SHSE:688012) Shares Climb 28% But Its Business Is Yet to Catch Up
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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