QVMM - Dividends And Earnings Say The S&P's Current Price Is About Right
2024-05-28 11:55:00 ET
Summary
- One of the most disappointing aspects of modern day investing is we seem to have all become momentum investors.
- My dividend discount model predicts that the fair value of the S&P 500 is approximately 5800.
- The overall S&P 500 can deliver numbers reasonably close to the current estimates, the market is modestly undervalued and vice versa.
The question I have been asked most in recent months is, "Is the current bull market in tech stocks signaling another dot-com massacre, or is it justified in light of the promise of AI?"...
Dividends And Earnings Say, The S&P's Current Price Is About Right