1. which is true:

high p/e ratio could mean that the company has a great deal of uncertainty in its future earnings

low p/e ratio could mean that the company has a great deal of uncertainty in its future earnings

2.

You decide also to conduct a qualitative analysis based on the factors summarized by the American Association of Individual Investors (AAII). According to your understanding, a company with less competition is considered to be (more or less)..................... risky than companies with a wide multiple competitiors