Question 29 (1 point) Denise has a choice between two stocks. Stock A has a current stock price of $33.50 and earnings per share off$2.18. Stock B has a current stock price of $30.65 and earnings per share of $3.18. Both stocks are in the same industry, and the average P/E ratio for the industry is 13. Using the P/E ratio, which stock is the better choice? Stock B is a better choice because it has a lower P/E ratio Stock A is a better choice because it has a higher P/E ratio The two stocks are equivalent The better choice is not evident from the given information Duestion 2011