Excellent explanation
I personally love these type of stocks like $Procter & Gamble(PG.US$ $Philip Morris International(PM.US$ because their valuation is straight forward compared to growth stocks that have negative P/E and are valued on future income that may or may not occur. growth stocks like $Virgin Galactic(SPCE.US$ or $FuboTV(FUBO.US$ are valued in revenue growth and improvement of margins and that makes them difficult to compare to one another.
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I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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