SCHG: Expecting A Pause In The Growth Trade, Eyeing A Buying Opportunity
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The article discusses a hold rating on SCHG due to stretched valuations and technical signals indicating potential consolidation or correction. Despite expected EPS growth outperformance by large-cap growth stocks, SCHG's high P/E and PEG ratios suggest overvaluation.
January 10, 2025 | 2:00 pm
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SCHG is rated as hold due to high valuation metrics and technical signals suggesting a potential pause in growth. Despite strong EPS growth prospects, its high P/E and PEG ratios indicate overvaluation.
SCHG's high P/E and PEG ratios suggest it may be overvalued, leading to a hold rating. Technical signals indicate potential consolidation, which could pause growth. However, strong EPS growth prospects for large-cap stocks provide some support.
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