Great explanation Bob (for PEG). Evaluating the PEG will tell you if you are looking at a stock that is running on momentum (PEG over 2.0) and the rise is NOT sustainable.
If the PEG is under 2.0 -the stock rise is justified. (pending other data)
If the PEG is under 1.0 - you are looking at a 'value' stock.
Saturday, October 25, 2008
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