Defying the Norms: 3 High P/E Stocks With Room to Run

One method of identifying which stocks to buy is to find those with price-to-earnings (P/E) ratios below their industry peers or historical averages. A low P/E suggests the stock possesses underlying worth that is not fully reflected in its current price. The logical next move is to take the price towards the "high" at which the trader intends to sell. With stock indices reaching record highs in quick succession, locating low P/E opportunities has proven difficult in today's markets. Equally frustrating is ...