Posted by jtsurfah on 12th of Jan 2022 at 02:34 pm
"Are we entering a stage where P/E matters?" -It sure
seems that way....but technicals won't be less important.
WMT with a 50 PE vs TGT with a 17 seems crazy but I dug into
it a bit more just now (with a better platform for fundamentals)
and found that "normalized PE" for WMT vs TGT is WMT/18 and
TGT/23...which would suggest that TGT may actually be more
expensive than WMT. I don't know the details past that.Maybe
WMT took a big write down last year that decreased their earning on
a one time basis.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
"Are we entering a stage
WMT coiling on a bunch of different time frames (long ...
Posted by jtsurfah on 12th of Jan 2022 at 02:34 pm
"Are we entering a stage where P/E matters?" -It sure seems that way....but technicals won't be less important.
WMT with a 50 PE vs TGT with a 17 seems crazy but I dug into it a bit more just now (with a better platform for fundamentals) and found that "normalized PE" for WMT vs TGT is WMT/18 and TGT/23...which would suggest that TGT may actually be more expensive than WMT. I don't know the details past that.Maybe WMT took a big write down last year that decreased their earning on a one time basis.