Despite the high P/E ratio, investors are seemingly unwillin...
Despite the high P/E ratio, investors are seemingly unwilling to let go of their stock, rejecting analysts' pessimism. This attitude might be setting up shareholders for future disappointment, should the P/E fall to levels commensurate with the negative growth outlook.
Risks To Shareholder Returns Are Elevated At These Prices For Topgolf Callaway Brands Corp. (NYSE:MODG)
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
Comment
Sign in to post a comment