3. Look up Intel (INTC), Dell Computer (DELL), Dow Chemical (DOW), Harley-Davidson (HOG), and Pfizer, Inc. (PFE).

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3. Look up Intel (INTC), Dell Computer (DELL), Dow Chemical (DOW), Harley-Davidson

(HOG), and Pfizer, Inc. (PFE). Look at “Financial Highlights” and “Company Profile” for each company. You will note wide differences in these companies’ price–earnings ratios.

What are the possible explanations for these differences? Which would you classify as growth (high-PVGO) stocks and which as income stocks?

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Related Book For  book-img-for-question

Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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