IT Sector Sitting At An Intriguing Valuation Level: Citi
Citi analysts Tobias M Levkovich, Lorraine M Schmitt and Christina Wood take a look at the valuation conundrum facing investors in their “Monday Morning Musings – The Valuation Equation” piece dated October 18, 2013.
Investor concerns
- The S&P 500 (INDEXSP:.INX) has already risen ~20% this year, and earnings are up from 5-6%. Is there anything left on the plate, especially considering a likely Fed tapering next year and a rise in bond . . .
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