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Denise has a choice between two stocks Stock A has a current stock price of $33.65 and earnings per share of $2.44. Stock Bhas a
Denise has a choice between two stocks Stock A has a current stock price of $33.65 and earnings per share of $2.44. Stock Bhas a current stock price of $30.50 and earnings per share of 52.89. Both stocks are in the same industry, and the average P/E ratio for the industry is 13. Using the P/E ratio, which stock is the better choice? O A. Stock B is a better choice because it has a lower P/E ratio O B. Stock A is a better choice because it has a higher P/E ratio. OC. The two stocks are equivalent OD. The better choice is not evident from the given information
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