Q: How useful is forward P/E as a basis for deciding when to cut back a high flyer. What is it for SHOP compared to AMZN? Can you suggest one or more other (maybe better) metrics? Right now, would you cut back SHOP if it was 10% of a TFSA?
5i Research Answer:
We typically have the stance of letting winners run, but forward P/E can be a good gauge of when...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AMZN.