I’m talking about companies that will practically have you waiting forever to buy in and are almost always trading at an above average P/E. A plus if they have a solid business and have had consistent growth over the years despite their valuation.
Businesses with a loyal customer base you could say.
An example could be a high growth company like Chipotle (CMG) that currently trades at about a 50 P/E with a 15-30% earnings CAGR.
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