These are the most expensive stocks today and analysts hate them

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

CNBC Pro looked for stocks with both the largest valuation premium in the S&P 500 and that fewer than 50% of analysts covering them rate a buy.

For investors worried over how expensive the entire stock market has gotten, some stocks are more concerning than others.

Pro looked for stocks with the largest valuation premium in the S & P 500. The names we found have forward price-to-earnings ratios today that are far above the past five years' average. Among those expensive stocks, we filtered for names that are also hated by analysts because of their valuations. Less than half of the analysts that cover these stocks rate them a buy, and the shares already sell close to or above the Wall Street's consensus price target for the next 12 months.

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:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the market's cheapest stocks with upside — including one expected to have a 90% comebackCNBC Pro screened for cheap stocks on the S&P 500 that analysts forecast having upside potential.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500: How to Protect Your Profits in a Sideways MarketStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 steady ahead of CPI reportFollow all the action in U.S. markets as the consumer price index report.
Source: MarketWatch - 🏆 3. / 97 Read more »