Thanks for the article! I had heard about the company but hadn't looked properly into it yet - its PE ratio gave me vertigo -, so this writing gave me more perspective about it :)
At this prices I'm not a buyer either. It reminds me of Celsius right before this recent great correction. I would wait for something similar to enter, especially considering the price of their products, which aren't affordable to many consumers.
I can understand, PE are always bit crazy when talking about growth stocks!
Kinda agree with the Celsius comparison, On went up big time on their last earnings & the news around the fundamentals over the last weeks - probably some hype around the Euro & Olympics as well.
They sure sell premium products but lots of people seem to really like them and accept the price, personally I think it's worth it!
Thanks for following and giving feedback, appreciate it! I'll try my best!
Thanks for the article! I had heard about the company but hadn't looked properly into it yet - its PE ratio gave me vertigo -, so this writing gave me more perspective about it :)
At this prices I'm not a buyer either. It reminds me of Celsius right before this recent great correction. I would wait for something similar to enter, especially considering the price of their products, which aren't affordable to many consumers.
Cheers and keep up the good work!
I can understand, PE are always bit crazy when talking about growth stocks!
Kinda agree with the Celsius comparison, On went up big time on their last earnings & the news around the fundamentals over the last weeks - probably some hype around the Euro & Olympics as well.
They sure sell premium products but lots of people seem to really like them and accept the price, personally I think it's worth it!
Thanks for following and giving feedback, appreciate it! I'll try my best!