Billionaire Louis Bacon’s Cheap Stock Picks Include Wells Fargo
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 17, 2013 - 1:45pm
Price-to-earnings multiples shouldn’t be used as the sole criterion for making an investment decision- in particular, they give little to no weight to future growth in favor of either historical performance or of earnings in the near future which are easier to estimate. Still, P/E multiples are often used by value investors as part of [...]
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