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Despite inferior earnings outlook, the company's P/E ratio a...

Despite inferior earnings outlook, the company's P/E ratio aligns with most firms, indicating less bearish investor sentiment than analysts suggest. However, maintaining these prices may be challenging due to the weight of earnings growth on shares. Predicted future earnings may not support positive sentiment for long, risking shareholders' investments and potential investors paying an unnecessary premium.
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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