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Dayforce's high P/S ratio is justified by its strong forecas...

Dayforce's high P/S ratio is justified by its strong forecasted revenue growth, outpacing the Professional Services industry. Investors are willing to pay more for the stock, expecting this robust future growth. The chance of a revenue drop is seen as remote, bolstering the share price.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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