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Transocean's high P/S ratio is justified by its forecasted r...

Transocean's high P/S ratio is justified by its forecasted revenue growth, outpacing the Energy Services industry. Shareholders' confidence in future revenues supports this high ratio, making a significant share price drop unlikely soon.
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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