Question
Companies are sometimes able to show very rapid growth in EPS over a few years. This often gets investors interested and they bid the stock's
Companies are sometimes able to show very rapid growth in EPS over a few years. This often gets investors interested and they bid the stock's price up.
Suppose Contesco Inc. has such a record over the last three years which have been very favorable in its industry. At the same time, however, Contesco's capital has gone from 20% to 80% debt.
What advice would you give to someone interested in buying Contesco stock?
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I would suggest that someone who is interested in buying Contesco stock should review investing in t...Get Instant Access to Expert-Tailored Solutions
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