The writer putting an average Electric Vehicle PE at 10 appeared under hyped as the average US market PE is at 23~24 presently. And Growth stocks that expand normally can have higher PE. How about climate change consideration & incentives?
For long term investment, as usual, hv to consider how low it's price has been down beaten, revenue growth prospects, EPS trend, market capitalisation, sector industry trends, historical price trends and many more?
Beyond Stock Splits and Interest Rates: 3 Beaten-Down Growth Stocks to Buy Right Now
Inflation still high, strong USD that may lead to poor earnings in the coming QR, Global growth slow down, weakening currencies other than the US, floods, disasters, conflicts... all causing market uncertainties? So market in October still wild & uncertain as in previous month? [Facepalm]
U.S. Investors Brace for More Wild Market Gyrations After Dizzying Q3
When the writer commented, FB price was $188.5; but latest price at $207.8 (9.8% up). Market forces at play? If the company doing more buy back, meaning they have confidence in their products to be successful in future then traders and investors shall support it more. Just saying
Meta Platforms Is Being Dragged Down by Key Flaws in Its Metaverse Plan