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Investors justify Middleby's high P/E ratio due to strong fu...

Investors justify Middleby's high P/E ratio due to strong future growth expectations. They believe the potential for earnings deterioration isn't significant enough to warrant a lower P/E ratio, making a sharp share price fall unlikely.
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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