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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: gcrispin who wrote (34438)5/10/2009 12:53:40 PM
From: Spekulatius  Read Replies (3) | Respond to of 78742
 
I don't know wif MCK or CAH get much multiple expansion but i think I got them fairly cheap. they are not affected much by the economy and that is why i liked them.

Many stocks I look at trade already at nosebleeding values based on Y2010 earnings estimates but not these ones. Hard to believe but the stock market does look expensive at an SP500 of 920 points unless recovery in earnings power is very swift and strong.


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