Legg Mason's (LM) Bill Miller says large-cap stocks are significantly undervalued compared to...

|About: Legg Mason Inc. (LM)|By:, SA News Editor

Legg Mason's (LM) Bill Miller says large-cap stocks are significantly undervalued compared to bonds, and sees it as a "once in a lifetime opportunity" to buy quality companies at bargain prices. "The last time [stocks] were this cheap relative to bonds was 1951."