| ▲ | eddythompson80 3 days ago | |
Are you referring to PEG stock price or actual profit? Because their profits growth hasn’t really “greatly exceeded” inflation. Here is the last 30 years of profits[1] (you can change it to YoY to see how much their growth over the last 5 years is). They in fact posted a loss in 2021 and under performed 2022. They shot up in 2023 and then down to pre-pandemic levels in 2024. They are not what I’d call a profitable company. I think their stock is reflecting the AI bubble as plenty of people are speculating on power companies | ||