infrared 6 s w Jones Indices.BEAR CASESTOCKS NOT CHEAPIt s fine to forecast big profit gains well into the future, but what if prices fully reflect expected gains?That s what many bears think. They cite the price-earnings ratio, or the price of a stock divided by its earnings per share. If a share costs 0 and the company is expected to earn per share in the coming year, the P/E ratio is 20.The S&P 500 now trades at 15 times what companies are expected to earn over the next 12 months, according to FactSet. That is slightly above the 10-year average of 14.1.The problem is, P/Es are often not reliable gauges of stock value. They are based on just one y Related Articles: retro 6 white new jordan 6 retro 11 low snakeskin jordan 6 rings retro carmine jordan 6 release date sport blue 3s
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