You can’t base your decisions on past. I learned that the hard way. All those companies I thought we’re over valued cost me money. Wall Street is always looking ahead. You have to pay up for growth and future growth. MCD is growing fast and no one can touch them in sales. Forward PE is only 19 so that’s not bad at al. They also pay $1.13 dividend. I own it and plan on holding for many years.
I can name 100 companies that are way over valued but keep hitting new highs. A lot of times the stocks that look cheap are cheap for a reason.
That chart service you use. You pay a lot?
I can name 100 companies that are way over valued but keep hitting new highs. A lot of times the stocks that look cheap are cheap for a reason.
That chart service you use. You pay a lot?