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Long-term wealth creation: 4 stocks with the right PEG ratio
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PE ratio is one of the most overused and misused ratios, despite this it is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere.
The reason it is an easy narrative that has been going in the market for ages is that it lower the PE, cheaper the stock. Given the huge difference in what is value and what looks cheap due to one
. Read more on economictimes.indiatimes.comAbout this in other media
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