Rolls-Royce shares triple in value, becoming FTSE 100's best-performing stock at £4.72.
Rolls-Royce shares have tripled in value over the past year, becoming the best-performing stock in the FTSE 100, reaching £4.72. The company is forecasted to grow earnings by 28.13% annually over the next three to five years, with a PEG ratio of 1.04. However, the author warns of ongoing risks and potential overvaluation, and does not recommend investing at the current share price.
June 15, 2024
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