Despite a recent earnings dip, Avery Dennison's high P/E rat...

Moomoo AI Jan 19, 2024 21:02

Despite a recent earnings dip, Avery Dennison's high P/E ratio is justified by its promising earnings outlook. Shareholders' confidence in future earnings suggests the share price won't drop significantly soon.

Investors Still Waiting For A Pull Back In Avery Dennison Corporation (NYSE:AVY)

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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