We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

3 Things You Need to Know About the 2nd Best Earnings Season in History: Part 2

1 11 1
27.08.2021

In part one of this series, we saw how S&P 500 companies were knocking the cover off the ball when it comes to the 2nd greatest earnings season in recorded history.

Now let's take a look at the most important fact you need to keep in mind to keep profiting from the best economic boom we're likely to ever see in our lifetimes.

Understandably investors might fear that there are no blue-chip bargains left when the market is up 105% off the pandemic lows, and tech is up 121%.

But remember that it's always a market of stocks, not a stock market.

For example, in March 2000, the peak of the tech bubble, the S&P 500 hit a 50% premium to historical fair value, the highest ever recorded in US history.

But at the same time, wonderful value stocks like Berkshire (BRK.B), Realty Income (O), and Enterprise Products Partners (EPD), were 50% undervalued.

That's literally the mirror image of the outrageously overvalued broader........

© Entrepreneur


Get it on Google Play