Is There Now An Opportunity In Millicom International Cellular S.A. (NASDAQ:TIGO)?

By Yahoo! Finance | Aug 6, 2024 at 08:11 AM EST

Millicom International Cellular S.A. has seen a significant price increase, trading near its 52-week high. Analysts suggest the stock may be overvalued, with a high PE ratio compared to industry peers. Despite potential growth, investors should consider waiting for a price decline before investing.

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