"As much as I think the S&P is adequately valued, I'm finding a lot of companies that are very attractively priced," he said."Market cycles don't end at fair value, they end at overvaluation.""I believe 10 years into a bull market, if you're finding cheap stocks, there's something wrong with the stock," he said.
He argues that its earnings are growing much faster than the rest of the market, but its valuation looks much lower.
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:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks will soar 17% through next year, market bull Ed Yardeni predictsWall Street bull Ed Yardeni predicts stocks will fly 17% between now and 2021 (via TradingNation) TradingNation Ed Yardeni is one of smartest analysts on such things. TradingNation If things are that good, why do we cut the rate? Guess we need three more shots after we got drunk to make the experience even more exciting. TradingNation I predict they won’t!
Source: CNBC - 🏆 12. / 72 Read more »
Index funds are more popular than ever—here's why they're a smart investmentU.S. stock index funds are now more popular than actively managed funds for the first time ever, according to investment research firm Morningstar. MakeIt Lower expenses and consistent returns. MakeIt LIES! MakeIt and why is that ?
Source: CNBC - 🏆 12. / 72 Read more »
Three Market Shocks and Investors Say ‘No Problem’Remarkable disruptions in overnight borrowing, the oil market and a major rotation in the stock market have barely made ripples. Let the dems succeed in impeaching or defeating trump and watch the market. Not good Markets being complacent in this long bull market cycle is hardly news? Because reality of Re-emerged America under a patriotic American realDonaldTrump is sinking in as well as Indispensable nature of America's Global leadership. So, where else would you go to invest or hedge? China, run by a thuggish regime w/ no rule of laws?
Source: WSJ - 🏆 98. / 63 Read more »
L.A. Farmers Market Guide: Heirloom apple pickingThe deeply flavorful heirloom apples from two longtime local apple farmers are perfect for fall, as is a drive up to Oak Glen, where you can pick your own. Nearly all apples are GMO, so be very, very careful before eating one. Actually, you should be careful even walking near one. You just never know. I picked Probably the new iPhone 11 is just as beautiful. Just became available. Great food while watching the presentation. They are beautiful! 👍
Source: latimes - 🏆 11. / 82 Read more »