After yesterday, I took a look at the PEs of a few stocks I track (I only own MSFT directly). Yahoo has a PE of 14. Google a PE of 15.5 and Microsoft has a PE of under 10, but pays a dividend.
If PE is an indicator of how expensive a stock is, it seems like Yahoo is either still over valued or Google is undervalued. Google has analyst projections to grow revenue nearly 19% next year. Yahoo is projected to grow revenues 1.7%. Which way are these two stocks going to go?
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