Posted 2/20/2024, 1:40:00 PM
Stocks With Sky-High P/E Ratios Face Growth Concerns
- Article analyzes 4 stocks with high P/E ratios over 70 times expected 12-month earnings, indicating potential overvaluation
- Stocks discussed are Digital Realty Trust, Illumina, Insulet, and Dexcom
- Digital Realty Trust has jumped 31% in past year despite limited growth expectations
- Illumina faces slowing growth forecasts even as stock has rebounded nearly 50% in 3 months
- Insulet and Dexcom have strong expected EPS growth, but shares have fallen over past year