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Despite recent earnings growth, the company's high P/E ratio...

Despite recent earnings growth, the company's high P/E ratio may not be justified given its forecast growth aligns with the wider market, potentially risking shareholders' investments. Many investors, more bullish than analysts, could face disappointment if the P/E falls to levels matching the growth outlook.
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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