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From BAAP to SAAP! Why investors are dumping high PE stocks
From BAAP to SAAP! Why investors are dumping high PE stocks
"Those who do not understand valuation metrics keep on buying even at high PE levels thinking that PE expansion will continue further. But the consolidation phase can be long, which means that the PE level will compress," said Kranthi Bathini, equity market strategist at WealthMills Securities.
"Those who do not understand valuation metrics keep on buying even at high PE levels thinking that PE expansion will continue further. But the consolidation phase can be long, which means that the PE level will compress," said Kranthi Bathini, equity market strategist at WealthMills Securities.
"Those who do not understand valuation metrics keep on buying even at high PE levels thinking that PE expansion will continue further. But the consolidation phase can be long, which means that the PE level will compress," said Kranthi Bathini, equity market strategist at WealthMills Securities. 
