Why Shares in RH Surged Again in November

Why Shares in RH Surged Again in November
Lee Samaha, The Motley Fool

Shares in high-end home furnishings company RH (NYSE: RH) surged 35.2% in November, according to data provided by S&P Global Market Intelligence. The move completes yet another month of double-digit gains or losses in the month. On the one hand, the bears are worried about the relatively high valuation -- the stock trades on 27 times forward earnings.