Steven is very excited. He just found out that the stock he is about to buy has

Question:

Steven is very excited. He just found out that the stock he is about to buy has the lowest PE ratio of the stocks of similar firms. Why is he happy? How would you explain to him why he might not want to be so happy?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...

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