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Itâs not easy to find affordable blue-chip stocks from a valuation perspective. Since these stocks represent fundamentally strong business stories, there is a valuation premium attached. A good example of my point is Costco Wholesale (NASDAQ:COST). On a sustained basis, the stock trades above a forward price-earnings ratio of 30. Aggressive buying is seen on small corrections.
Having said that, the markets provide opportunities to accumulate blue-chip stocks at a throwaway valuation. There...
>>> Read more: Affordable Blue-Chips: 3 High-Potential Stocks With Low P/E Ratios
Having said that, the markets provide opportunities to accumulate blue-chip stocks at a throwaway valuation. There...
>>> Read more: Affordable Blue-Chips: 3 High-Potential Stocks With Low P/E Ratios
