S&P 500 P/E Ratios Within 20 Percent Of Index At A 20 Year High
The percentage of S&P 500 stocks with P/E ratios within 20 percent of the index is at a twenty year high, and there is evidence that investors are relying too heavily on benchmarking and ETFs, argues BMO Chief Investment Strategist Brian G. Belski in a recent report. He thinks this gives more active investors an opportunity to incorporate fundamentals into their investment decisions and find deals that other people . . .
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