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- 2011-7-11
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3#
发表于 2011-7-11 19:20
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It's not that simple.
There is evidence that investing in low P/E stocks tends to achieve higher returns on average, all else being equal.
Low P/E could just as easily mean that the market believes that future prospects for the firm aren't great, with earnings that are expected to remain stagnant or deteriorate. |
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