Those stocks in history have plummeted
those slumps in history In the early 1970s, McDonald’s, Johnson & Johnson, and Coca-Cola traded at 85, 64, and 48 times earnings, respectively. By 1979, the three valuations dropped to 9, 14, 10 times. The stock price fell 42%, 33%, and 41% from 1973 to 1979. Is it a very familiar feeling, how similar to […]
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