Company A recently went through an IPO at a 15x Price to Earnings multiple, with the industry average at 7x, and began t

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answerhappygod
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Company A recently went through an IPO at a 15x Price to Earnings multiple, with the industry average at 7x, and began t

Post by answerhappygod »

Company A recently went through an IPO at a 15x Price to
Earnings multiple, with the industry average at 7x, and began
trading on an exchange. The company operates in cloud computing, a
sector that has experienced exponential increases in revenue. What
strategy does an investment in this security align with?
Growth strategy
Income strategy
Capital preservation strategy
Value strategy
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