Dow Names Offering More Value Now Than At Start of Bull [View article]
Your article makes sense at first glance, however earnings are coming down as will their FORWARD pe ratios. The same arguement was made for the builders in 2005. Lets examine the true earnings going forward to get an idea of true forward valuation. Risk is still getting priced into the markets as recession is here and a nasty bear to boot.
Dow Names Offering More Value Now Than At Start of Bull [View article]