We recently compiled a list of the 10 Dividend Zombies and Kings with Longest Dividend Payouts. In this article, we are going to take a look at where PPG Industries, Inc. (NYSE:PPG) stands against the other dividend stocks. Last year, artificial intelligence (AI) was the main focus in the markets, driving tech stocks to the […]
Some permabears may look at this headline and think, “Only three overvalued stocks?” The market as a whole does look overvalued in relative terms. The average price-to-earnings ratio of all the stocks in the S&P 500 index is at 24.7x. That puts it in the overvalued range. Many investors of a certain age can recall a time when a stock was considered overvalued if its P/E ratio was in the double digits. Inflation affects all things, I suppose. The market’s breadth is thin. Much of the growth comes
With the stock market in red-hot form, it’s time to consider offloading some overvalued stocks. The U.S. stock market picked up from where it left off last year, wrapping up a robust first-quarter (Q1), fueled by economic optimism and anticipated interest rate cuts. As the saying goes, not all that glitters is gold. Many stocks have surged to dizzying heights, driven by the meme stock trading frenzy rather than solid financial performance. This frenzy effectively shields the inherent dangers of