Very true. Particularly for traders (which I think represents the majority on HC!).
As an investor, it's all about the risk-reward payoff for me (both financially & other) in buying those with low PEs & PEGs. Strange as it may sound, not everyone is after 10-baggers!! Or maybe I should phrase it as not everyone is willing to risk losing the house to try and find a palace! Slow and steady can result in a meaningful nest-egg.
It is of course worthwhile in having a portion invested in speccies (which HC is good for and there are people here who have contribute immensely on this).
Each to their own strategy of course.
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Last
3,289.3 |
Change
-5.200(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,294.5 | 3,294.5 | 3,263.2 |
| XSO (ASX) Chart |