The Name’s “Fundamentals” - Nice to Meet You
Posted on | October 14, 2008 Time: 3:58 pm |
I was running some screens at finviz.com, and it appears that investors are starting to peek at stock fundamentals again:
As of 11:45 EST, 240 of the S&P 500 were in positive territory. Of those 240, 122 (50.8%) had forward P/E ratios under 10x.
Of the 258 stocks that were down, only 95 (36%) had sub-10 forward P/Es. If this becomes a trend (as I would expect in a market where the appetite for risk is fighting off nausea) then the Secular Trends Portfolio should outperform our benchmark.
SECTOR REVIEW
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Pragmatic commentary on U.S. & global investing, demographics & secular trends, and the valuation of anything worth valuing. Objective, unbiased research; We believe in minimal design, zero gimmicks, and maximum results.
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