BAL 0.00% $13.23 bellamy's australia limited

Alter. Amazon has a high pe because it is a growth stock. The...

  1. 304 Posts.
    Alter. Amazon has a high pe because it is a growth stock. The analogy is not unreasonable as BAL is a growth stock with incredible sales growth happening already and projected to continue to increase at high rates. Growth is growth is growth doesn't matter what market you're in PEs of growth stocks are always hugher than the market.
 
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