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5 stocks with a right PEG ratio for long-term wealth creation
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Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PEG ratio is much better compared to the commonly used P/E ratio.
It helps in avoiding stocks which might appear cheap but actually are not value buys. Especially in sectors like banking and financial services which have large numbers of stocks which on face of it appear cheap but
. Read more on economictimes.indiatimes.comAbout this in other media
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