2 Expensive Stocks That Can Still Produce Great Returns in the Long Run
Valuation multiples can help compare stocks and provide ways for investors to identify value. But there can be a danger in focusing on them too much; if you only invested in stocks that traded at low earnings multiples, you could miss out on fast-growing businesses with lots of long-term potential.
That's why an argument could be made that growth stocks like Amazon (NASDAQ: AMZN) and Intuitive Surgical (NASDAQ: ISRG), which aren't cheap by any stretch, may still deliver good returns for investors who hang on to these investments long enough.
Source Fool.com
