U.S. stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive.
Wall Street often uses the ratio of a company’s share price to its earnings as a measuring stick for whether a stock appears cheap or pricey. By that metric, the market as a whole had been unusually expensive for much of the past two years, a period when especially easy monetary policy turbocharged the popular view that low interest rates gave investors few alternatives to stocks.
This article basically completely ignores future growth and how that impacts P/E ratios. This is a bit misleading. Certain stocks on your list may be cheap if the E in the P/E Ratio is growing at a high rate... for example at Tesla $TSLA
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: