Replies to post #33697 on Savvy Trades and Investments

[wadegarret]

Rickey- AAOI

I looked at his downgrade, and found no reasons. The average analyst has a $60 price target. Also the stock has held a 17-20 PE going forward for the last 2-3 years. They are supposed to make $3.40 for 2016 and near $4 for 2017. Seems like this analyst only thinks the stock deserves a 11 PE going forward. I don't agree.