Karen Firestone: Cheap stocks are appealing – but not always the best deal. Here’s why

Investors fixate on the price-to-earnings ratio as they pick stocks they think are cheap. But there is no guarantee that outperformance will follow.

Jun 30, 2024 - 21:00
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Karen Firestone: Cheap stocks are appealing – but not always the best deal. Here’s why
Investors fixate on the price-to-earnings ratio as they pick stocks they think are cheap. But there is no guarantee that outperformance will follow.