XOM - Grantham Calls 'Epic Bubble' - Putting 70 Stocks Under The Valuation Microscope
- Legendary investor Jeremy Grantham calls today's market an "Epic Bubble."
- Three key valuation methods suggest valuations today rival those seen in 1929 and 2000.
- But at least three other legends in the investment field have yet to echo Grantham's call.
- Here are 70 companies many investors own; the median company has Price/Sales, Price/Book, Price/Earnings ratios today +26%, +9% and +1% higher respectively than 20-year averages.
- Here are 10 large caps with Price/Sales ratios >100% than 20-year averages; on the other hand, here are five with low Betas and attractive valuations.
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Grantham Calls 'Epic Bubble' - Putting 70 Stocks Under The Valuation Microscope