[Event] How To Pick Quality Companies When It Is In The Dip?
@Tiger_comments:
Since the beginning of the year, the market has been continuously declining, with $S&P 500(.SPX)$ losing $5 trillion in value over 16 days. The price-to-earnings ratios of several star stocks have dropped to lower levels.While $NVIDIA(NVDA)$ forward PE remains around 25, its PEG is only 0.81 (according to bloomberg estimates)PEG is used to measure the reasonableness of a company's price-to-earnings ratio relative to its future earnings growth. Typically, a PEG close to or below 1 indicates that the company's stock price is relatively reasonable or undervalued. Nvidia's PEG is the only one below 1 among the MAG 7 companies, meaning the company is currently undervalued.Additionally, ROE is a good indica