Jump Ship? 3 Stocks That Are Surging Too High, Too Fast
stellation Energy (CEG) InvestorPlace·2024-03-20 17:43
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 ...