-
Apple Inc. (AAPL $256.48)
-
BlackBerry Limited (BB $6.48)
-
Ulta Beauty Inc. (ULTA $556.77)
-
Pure Storage Inc. Class A (PSTG $87.90)
-
CrowdStrike Holdings Inc. (CRWD $484.62)
Q: How should one employ the forward price to sales multiple to determine value? What I’m trying to figure out is when to avoid a stock that has gone over its skis as they say. Take stocks from ultra to pstg to Crwd - we go from 1 x earnings to 23 x. By that gauge, one presumably buy Ultra. But when I think of value, I remember how I once bought Rim over Apple because the former looked cheaper. Can you comment on any guideline for us of this metric? Thank you,
Jason
Jason