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Stable, non-growth companies typically have much lower P/Es. There's absolutely no chance that Exxon will double in revenue in the next couple of years; that's
by glhaynes 15y ago
Stable, non-growth companies typically have much lower P/Es. There's absolutely no chance that Exxon will double in revenue in the next couple of years; that's entirely possible for Apple.
- rokhayakebe 15y agoI agree. Most people are already Exxon customers. Most people aren't Apple customers.