15 Stocks With the Lowest PEG Ratios [View article]
Hi,
I agree that this, in itself, does not tell us a whole lot of information. However, when used as an initial screener, it can be very valuable for finding companies that could be undervalued at current levels.
As I said in the article, "As important as the PEG ratio is, it cannot be completely relied upon for investment selections. Rather, it should be used as one portion of the overall picture."
This provides a great place to find companies that could be undervalued. Is there more legwork involved in determining which are truly undervalued? Of course.
15 Stocks With the Lowest PEG Ratios [View article]
I agree that this, in itself, does not tell us a whole lot of information. However, when used as an initial screener, it can be very valuable for finding companies that could be undervalued at current levels.
As I said in the article, "As important as the PEG ratio is, it cannot be completely relied upon for investment selections. Rather, it should be used as one portion of the overall picture."
This provides a great place to find companies that could be undervalued. Is there more legwork involved in determining which are truly undervalued? Of course.
Thanks for your input!
Ryan