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Despite impressive earnings growth, the company's high P/E r...

Despite impressive earnings growth, the company's high P/E ratio may not be justifiable considering it significantly outpaces the market. Many investors appear to be overestimating the stock and reluctant to sell. This bullish viewpoint may be short-lived, as recent earning patterns potentially will bring weight on 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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