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Real the articles:
Kelly Murphy
Simply Wall St. October 5, 2017
https://finance.yahoo.com/news/does-chicago-rivet-machine-co-201613354.html
Mary Ramos
Simply Wall St. October 5, 2017
https://finance.yahoo.com/news/cynergistek-inc-ctek-pe-ratio-144611055.html
Kyle Sanford
Simply Wall St. October 5, 2017
https://finance.yahoo.com/news/does-katana-capital-limited-asx-074409705.html
You can use the company assigned for you for the project.
Your assignment:
Please also note that your answers should be written in your own words. Don’t use quotes from the articles.
You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.
For this question we will be using P/E ratio.
To find a company’s P/E ratio, use www.morningstar.com , enter the desired stock symbol and request a basic quote. Once you have the basic quote, the P/E ratio is listed on a front page.
Compare the P/E ratio of your company with the industry average or with major competitors. Is there a difference between these numbers? Is the stock overvalued, undervalued, or properly valued? Why? In accordance with your findings, is it reasonable to buy the stock? Please explain your answers.
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