Reported 10 days ago
Top billionaires like Ray Dalio and Ken Griffin are selling Costco stock, prompting a discussion about potentially overvalued shares trading at a P/E ratio of 56. In contrast, analysts suggest investing in Home Depot and Target, which are showing promise for recovery from current market challenges, with P/E ratios of 27 and 16 respectively, indicating better value and growth potential.
Source: YAHOO