The market sentiment around the company hasn't changed much over that time. The recent sell-off could be an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend.
Despite a high P/E ratio and slower growth outlook, many investors retain their stock, risking future disappointment if the P/E aligns with the growth outlook. The high P/E ratio and weak earnings outlook indicate a potential share price decline.
Teledyne Technologies' shares might present a buying opportunity due to high volatility. A positive growth outlook projects a double-digit 13% profit growth, hinting at more cash flow and possible share valuation surge.
SpaceX will launch its Starship rocket system for the first time today. The rocket Elon Musk wants to one day use for a Mars mission is poised for an initial flight attempt to space, a landmark test for the vehicle and Mr. Musk' s SpaceX. The Federal Aviation Administration (FAA) has issued Elon Musk's company with a licence to put its most powerful rocket system through its paces, saying it met all safety and environmental requi...
Deals Gap 129 : Smash any pops here... for now. Wait, fade, withdraw cash.