I completely agree—Peter Lynch’s investment strategy was grounded in sensible fundamentals, and based on his focus on the P/E ratio, ZIP would likely have been a non-starter for him. With the S&P 500’s P/E at 22, already above the historical average, and ZIP’s trailing P/E at an astronomical 1,085, it’s hard to justify any real value here. Lynch would have seen the lack of profitability, the inflated valuation, and the speculative nature of the stock and likely avoided it. In a market where the focus should be on sound value investing, ZIP’s out-of-whack valuation screams caution, and holding onto it now would be a dangerous gamble.
ZIP Price at posting:
$3.04 Sentiment: Sell Disclosure: Not Held
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