Tag Archives: overvalued

Warren Buffett’s favorite indicator hints that stocks are significantly overvalued

TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link

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Stock market is nearly 10% overvalued without Trump’s bigger stimulus checks: strategist

The stock market has been looking a little top heavy for weeks on end after an early winter melt-up. But absent President Trump signing off on a new stimulus bill that features his demands for fatter stimulus checks to households reeling from the COVID-19 pandemic, the math suggests stocks would be too overvalued to not justify a correction. Long-time market strategist Hugh Johnson of Hugh Johnson Advisors told Yahoo Finance Live he thought stocks were about 8.5% overvalued before Trump threw… Source link

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