As comes on yahoo finance; Analyst Estimates 1 Yr EPS Growth for Sony company is 20400.0%. Does it make sens?

Question

Does it make sense ? If so should I buy its stocks ?

Answer 1

It says about 155 percent when I looked at it. Thats realistic for one year, considering considering the other negative growth rates. The five year growth rate is about 13 percent. Thats realistic also. In the short term a stock can grow a great deal. But it cant continue to grow faster than the overall economy for very long, which is around 5 percent, or it would become the economy. Also remember these are forecasts. If it happens remains to be seen and it doesnt mean the stock is necessarily undervalued.