Paul Kavanagh
Paul Kavanagh
fifteen percent peter ratio rolling stretching taking upside
Fifteen percent upside from here, taking the rolling P/E ratio into the mid-teens -- that would not be stretching it at all. I do not think it is really going to peter out here.
avoiding bit buying cold driven drop fairly people snap spending year
There is a bit of a spending pick-up, driven by Christmas, and the cold snap got people out buying clothes. But I think it is going to drop off fairly sharply in the new year -- I would still be avoiding the sector.