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GXO Logistics' high P/E ratio is backed by its projected gro...

GXO Logistics' high P/E ratio is backed by its projected growth, surpassing the broader market. Investors appear optimistic about the company's future prospects, reluctant to sell the stock. The high P/E ratio mirrors current investor sentiment and future expectations.
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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