A few stocks on my watchlist but too overvalued.
They STILL haven’t come down enough to really alter their PE. I know they have moats, lots of sales, and are good companies.
But how do you evaluate when to buy if even ALL THIS won’t drive them down?
Talking about PE:
ISRG- 57.5
AVGO- 58
COSTCO- 51
GEV- 48
Like I don’t think any of these will drop another 40% to be good buys.
So how do you set rules for when to invest in these?