Since the depths of the recession, stocks have had an incredible run. The broad indices have surged and risen by triple digits since bottoming out in 2008. But after eight years’ worth of stock gains, one of the biggest debates among analysts has started to make the rounds across financial media.
Are stocks expensive and can they keep up the pace of increases?
With pundits on both sides making their cases, a tried-and-true method for determining a stock’s overall worth could be flashing a horrible danger signal. And that message could finally put the debate to rest. Moreover, following it could save investors some heartbreak with regard to their portfolios. There’s no doubt about it, stocks are expensive.
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