Right, Well I have been holding the stock from around the 500-550 range when the gap between the stock PE and Industry PE was identical to what it is now since then the stock price has gone up by 125% and PE went up by only 35% which is why I still hold it with comfort, PE re-rating happened across the sector due to strong industry tailwinds and as per my assessment the tailwinds are here to stay and for a good long timeā¦so yeah (not a recommendation) give or take a few % it definitely looks lucrative to me and the stock split is the icing on the cake.
Subscribe To Our Free Newsletter |