New York Times In 3 Years: What’s Possible?
- Friday, August 21, 2020, 5:58
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New York Times’ stock grew by 37% this year, with its market cap standing at roughly $7.3 billion. The stock now trades at around a 48x P/E multiple. Does this make the stock expensive? Probably not, considering that revenues could grow by 1.3x by 2023, with net income growing rapidly, generating…
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