Investor's Business Daily - Investing RSS http://ift.tt/1uhbXRC Price targets are as common on Wall Street as discussion of economic data points are at Federal Reserve meetings, but they shouldn't be a focal point during the stock research process. Neither should price-to-earnings (P-E) ratios, as some of the biggest market winners sold at lofty P-E ratios before they even began their big moves to new highs. (To determine a stock's P-E ratio, simply divide the stock price by the last four quarters of per-share
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