Pinnacle West's high P/E ratio, despite predicted future ear...

Moomoo AI Dec 27, 2023 20:56

Pinnacle West's high P/E ratio, despite predicted future earnings below the market average, could create downward pressure on shares. Investors may be at risk and paying an unnecessary premium.

Pinnacle West Capital Corporation (NYSE:PNW) Investors Are Less Pessimistic Than Expected

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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