Hains P/E was high when I bought it at 30, and it was still high when I sold at 70. It seems the growth rates are similar, and who now would not want to of been in on that before it flew. But you are correct in one area if the growth slows or the overall markets get crushed higher P/E stocks will get much more hammered then a 10 p/e 4 percent div no growth stock. You either believe in the company or you dont, I think the high P/E is justified here
never been short and only heard of wwav yesterday on cramer. it's a keeper that i will track and maybe buy lower if i can. good luck. i use their products so i want to own what i buy but at a reasonable multiple.