Home › Forums › Financial Markets/Economics › Anybody picking up ATT stock? › P/E ratios in many cases are
P/E ratios in many cases are completely manipulated and can be a trap. TTM, current and future projections are misleading.
For many years Jack Welch at GE beat earnings expectation by 1c. You think that was a coincidence ?
Take a look at many stocks that have done well this year, in many cases nothing to do with P/E’s.
Accountants can adjust the figures in many columns to get the final number where they want/need it to be.
This is why charts offer information not found anywhere else.