A High price-to-sales Metric is a Good Thing??
I have freshly read MSN's StockScouter report about Apple Inc. ( http://moneycentral.msn.com/investor/sto... ) and it say there that:
o The price-to-sales multiple is significantly greater than the average for all stocks contained by the StockScouter universe. Very positive for a medium- to large-sized company like AAPL
How come?
In guess, if adjectives shareholders of a...
Answers:
You really hold to compare the stock to others in equal industry and see what their P/S ratio is and if it's higher, jump to their and competitors websites and read what's going on with the company and see if you can see what's different
How does one become a licensed stock...
Don't verbs about it. Ken Fisher, the inventor of the P/S ratio, doubts that it have any predictive value very soon because so many inhabitants are watching it. I am really confused because when it was first invented, a LOW P/S ratio be an indicator of a cheap stock.
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