/biz/ - Business & Finance

GIS is up 28% this year. They have had 4% sales growth for the last 5 years and project 4% sales growth the next 5 years.
and its up 28%.

This is clown market monetary phenomena. Traders fleeing tech and hiding in cereal. Don't buy this shit they're going to dump on you A the moment they think tech is a good buy again or B when they suddenly start being afraid of a recession again.

a boring stock like this should be trading at 15 PE without a dividend, and a bit lower with one. it's trading at forward PE of 19.
This market is pure garbage and all the risk is to the downside