How do you evaluate large cap stocks that have had huge stock returns but still have a relatively low PE.
Two in particular.
LEA: $10B mkt cap, 29% 1 yr return, 291% 5 yr, P/E of 9.85
AMAT: $47B mkt cap, $38 1 yr, 295% 5 yr, P/E of 18
On the surface, these seem to have room to the upside given their growth and reasonable PE.
Two in particular.
LEA: $10B mkt cap, 29% 1 yr return, 291% 5 yr, P/E of 9.85
AMAT: $47B mkt cap, $38 1 yr, 295% 5 yr, P/E of 18
On the surface, these seem to have room to the upside given their growth and reasonable PE.