Grocery Outlet's high P/E ratio may worry some, indicating i...
Grocery Outlet's high P/E ratio may worry some, indicating investors are more bullish than analysts. With a weaker growth outlook, the share price may drop, leading to a lower P/E ratio, potentially disappointing investors unwilling to sell.
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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