Jump Ship? 3 Stocks That Are Surging Too High, Too Fast
With the stock markets consistently printing new record highs, it is prudent to consider whether it’s time to jump ship on some stocks surging too high, too fast. This is a logical line of inquiry, given the strong rise since marking a bottom back in October. The benchmark S&P 500 index has seen its price-to-earnings (P/E) ratio increase to approximately 28, nearly double its ten-year average of 15x. Analysts express concern that certain growth stocks may have surged too high, too fast.Of course, valid fact ...