Bullsh1t.
So on a forward PE of x 17 and a current spot PE of 21.8, you're calling Aristocrat a high PE stock as opposed to something like Woolworths with their margins of 2.6% trading on a PE of 24? Jeez, even Lovisa has been relatively steady and is trading at x53 (for a friggin retailer!) PME still just shy of all time highs with a PE of 186. Wisetech - 7 bucks off its ALTH trading on a PE of 122. You're barking up the wrong tree.
Here was my reply the last time someone else asked the same question (but now, we officially have a new thread to address this question by someone who doesn't do their research)
https://hotcopper.com.au/posts/73068804/single
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$51.70 |
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Open | High | Low | Value | Volume |
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1 | 74 | 53.750 |
1 | 5 | 52.200 |
1 | 1 | 52.010 |
3 | 481 | 52.000 |
Price($) | Vol. | No. |
---|---|---|
49.120 | 80 | 1 |
50.000 | 34 | 1 |
50.520 | 285 | 1 |
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