Five Great Quality Companies: Are They Too Expensive? [View article]
It is funny all the defensive comments here. If your stock has a PE over 30, it has a lot of downside risks. When you are buying companies with high valuations, you are speculating on growth and there is no guarantee of that.
It doesn't matter how good the company is, if it can't meet growth expectations, they price will get knocked down.
Five Great Quality Companies: Are They Too Expensive? [View article]
It doesn't matter how good the company is, if it can't meet growth expectations, they price will get knocked down.