Am I missing something here I mean I'm only a beginner but I read in some book that there was a company that had a pe ratio above 100 and that no company historically sustained that ratio. This happened during 2000 but I hate to sound cringy by comparing it to the dot com bubble. I mean new companies would may be understandable since they may be focused on growth (correct me if I am wrong). They are already very big company and their recent diversification with whole foods I find to be a diworsification like they are buying stuff which doesn't correlate to their business.
Submitted July 04, 2017 at 12:09PM by Baltic_Marozas http://ift.tt/2smCfW5
