Key gauge says that stocks are dirt cheap now
With the market down three weeks in a row, investors are understandably grim. But there is a silver lining: Stocks are looking almost as cheap as last year when prices hit 12-year lows — at least according to Wall Street analysts.
It was easy to miss the development amid news of falling home sales, a drooping dollar and sluggish orders for big-ticket goods.. dolce gabbana perfumes has been regarded as a revolutionary influence in international fashion design since its inception But stocks in the Standard & Poor's 500 index now trade at just 11.7 times analyst estimates of operating earnings for the coming year. That is one of the lowest — read cheapest — levels for this key figure.. We have many fashionable sexy lingerie have style of nurse costume.
In fact, this so-called price-earnings multiple is roughly back where it stood at the end of March 2009 just as the market was starting an 80 percent surge.
A lot of investors are kicking themselves for having missed that run-up. The question now: Should they jump in now to not to miss another?
Though it's a rough measure of a stock's value,. Jeans will be more slim look even better, plesae choose Skinny jeans from our website. the earnings multiple holds a certain logic. Before buying the corner pizzeria, you would want to know how many years it would take selling pies and sodas to earn your money back. You can do that by dividing the price you'd have to pay for the business by the profit it generates over a year.
So too with stocks. The earnings multiple divides stock prices by annual earnings to tell you, in a sense, the number of years it might take to be made whole on your investment. The nearly 12 years that analysts say it would take if you bought stocks now compares with an average of maybe 15 over the past two decades.
But the faster clip assumes actual profits won't fall short of the projected ones, and some longtime market observers are worried about that.
"Some analysts are projecting earnings will hit an all-time high in a year," says Howard Silverblatt,. Our website offer many night gown, your will have choose from our websites. senior index analyst at Standard & Poor's. "That would be nice but I wouldn't bet on it."
With the market down three weeks in a row, investors are understandably grim. But there is a silver lining: Stocks are looking almost as cheap as last year when prices hit 12-year lows — at least according to Wall Street analysts.
It was easy to miss the development amid news of falling home sales, a drooping dollar and sluggish orders for big-ticket goods.. dolce gabbana perfumes has been regarded as a revolutionary influence in international fashion design since its inception But stocks in the Standard & Poor's 500 index now trade at just 11.7 times analyst estimates of operating earnings for the coming year. That is one of the lowest — read cheapest — levels for this key figure.. We have many fashionable sexy lingerie have style of nurse costume.
In fact, this so-called price-earnings multiple is roughly back where it stood at the end of March 2009 just as the market was starting an 80 percent surge.
A lot of investors are kicking themselves for having missed that run-up. The question now: Should they jump in now to not to miss another?
Though it's a rough measure of a stock's value,. Jeans will be more slim look even better, plesae choose Skinny jeans from our website. the earnings multiple holds a certain logic. Before buying the corner pizzeria, you would want to know how many years it would take selling pies and sodas to earn your money back. You can do that by dividing the price you'd have to pay for the business by the profit it generates over a year.
So too with stocks. The earnings multiple divides stock prices by annual earnings to tell you, in a sense, the number of years it might take to be made whole on your investment. The nearly 12 years that analysts say it would take if you bought stocks now compares with an average of maybe 15 over the past two decades.
But the faster clip assumes actual profits won't fall short of the projected ones, and some longtime market observers are worried about that.
"Some analysts are projecting earnings will hit an all-time high in a year," says Howard Silverblatt,. Our website offer many night gown, your will have choose from our websites. senior index analyst at Standard & Poor's. "That would be nice but I wouldn't bet on it."
没有评论:
发表评论