These stocks are still a bargain relative to the expensive S&P 500

There are still stock market bargains to be found heading into 2025, despite the S & P 500's lofty valuation. Stocks have grown increasingly expensive as the broad market index soared in 2024. The S & P 500's price-to-earnings ratio based on the next 12 months' earnings is currently 22.31, according to FactSet data, compared to a three-year average forward P/E of 19.15.

mountain Wynn Resorts stock. Ulta Beauty also appeared as an attractive value stock. Shares have gained about 16% over the past month, but are still down by 14% in 2024. The cosmetics company is coming off of a third-quarter earnings beat on the top and bottom line , despite lingering concern that rising competition will prove a persistent headwind.

mountain Ulta Beauty stock. Other stocks that turned up in the screen included Ralph Lauren and Enphase Energy .

United States United States Latest News, United States United States Headlines

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

Stock market today: S&P 500, Dow sidestep Trump's tariff threat to close at recordStock market today: S&P 500, Dow sidestep Trump's tariff threat to close at record
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower halting record run as payrolls loomStock market today: S&P 500 closes lower halting record run as payrolls loom
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 ends lower after upside inflation surpriseStock market today: S&P 500 ends lower after upside inflation surprise
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes at record to wrap up best month of 2024Stock market today: S&P 500 closes at record to wrap up best month of 2024
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 rises as cyclicals shine offsetting Alphabet slumpStock market today: S&P 500 rises as cyclicals shine offsetting Alphabet slump
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes higher as Nvidia powers tech ahead of earningsStock market today: S&P 500 closes higher as Nvidia powers tech ahead of earnings
Source: Investingcom - 🏆 450. / 53 Read more »