Analyst Picks: 3 Gaming Stocks to Buy
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Stocks (as a whole) have rarely been as expensive as they are today. The data confirms it.
Currently, stocks on the S&P 500 average a valuation of 25 times trailing earnings. A dispassionate look at the data shows that since the index was established in 1923, there have been only three other periods in which stocks on the S&P 500 equaled or exceeded this value.
Source: Fool.com