Fortive's high P/E ratio is justified by its superior earnin...

Moomoo AI Feb 2, 2024 19:43

Fortive's high P/E ratio is justified by its superior earnings outlook. Shareholders' confidence in future earnings and the company's strong growth outlook make a significant share price drop unlikely.

Fortive Corporation's (NYSE:FTV) Popularity With Investors Is Clear

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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