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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I currently own shares in XTC and I am considering adding more. I am hoping you can give me the opposing argument. RBC shows 2017 est earnings of $1.59 which means forward p/e 8.7. There is zero debt, and earnings growth of 28% 2015-2017 (0.96-1.59). Why would I consider selling rather than buying?
As usual, many thanks for your considered response.
Mike
Read Answer Asked by michael on April 29, 2016