Really interested in this share price. How much longer can the tolerance for 25 times earnings go on for? Ive been accumulating Alphabet shares with all disposable income I. Im normally fully invested & currently buy Googe/Alphabet at 22 times earnings, as I believe its a safe long-term bet. Contrast to the 25 times earnings CBA whose growth prospects in the EPS and DPS are both modest at best. There are companies trading at lower valuations who you could say with a strong degree of confidence could double earnings over the next 10 years, whereas per below screenshot, CBA's earing for the next 10 year will likely be the same as the previous 10 - consistent, and by consistent I mean they stay the same.
CBA Price at posting:
$144.50 Sentiment: Sell Disclosure: Not Held
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