Are U.S. Stocks Cheap?

Filed under: S and P 500

Are stocks in late April cheap? According to a Bloomberg News analysis they are. Through the end of last week, S&P 500 company earnings estimates have risen 9.1% on average -- the largest monthly increase since at least 2006, according to data compiled by Bloomberg.



That pushed the P/E for the S&P 500 to 14.2 times forecast companies earnings -- the lowest since 1990, except for the months after Lehman Brothers collapsed.

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Are U.S. Stocks Cheap? originally appeared on BloggingStocks on Mon, 26 Apr 2010 17:40:00 EST. Please see our terms for use of feeds.

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