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Despite poor earnings, Avangrid's high P/E ratio may reflect...

Despite poor earnings, Avangrid's high P/E ratio may reflect investors' optimistic outlook on its potential market outperformance. The expected growth is viewed as a significant boost to 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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