<i>"The current P/E ratio of S&P 500 is the lowest in the last 10 years, making the stocks very inexpensive. "</i>
Sure they are... based on layoffs, downsizing, outsourcing, M/E and stock buybacks.
When earnings reflect organic internal growth & sales instead of accounting smoke & mirrors, savvy investors will get excited about buy & hold. While XOM remains leading money-earner of all companies, there is a problem.
Sure they are... based on layoffs, downsizing, outsourcing, M/E and stock buybacks.
When earnings reflect organic internal growth & sales instead of accounting smoke & mirrors, savvy investors will get excited about buy & hold. While XOM remains leading money-earner of all companies, there is a problem.