An analyst is using P/EBITDA in his relative valuation comparison to choose between stocks Acis, and Baxter. If the P/EBITDA for Acis is 23.5, and P/EBITDA for Baxter is 20.1, then his recommendation would be:

a. invest more in Acis

b. equally weight investment in Acis and Baxter

c. use an optimizer to allocate weights between Acis and Baxter

d. invest more in Baxter

e. P/EBITDA is not an appropriate tool for relative valuation analysis