Compelling Valuation Setting up Buying Opportunity
Posted on June 29, 2011 at 08:45 AM EDT
Stock prices have come down on global macroeconomic worries even though corporate earnings are up this year. The S&P 500 is now valued at just 12.8 times forecasted 2011 earnings. Today's forward P/E falls in the bottom 5 percentile of the forward P/E values since 1985. After capitalizing on leaders like healthcare and avoiding losers like banks, the AlphaProfit Fidelity and ETF Core and Focus model portfolios will be repositioned on June 30 with best performing fidelity mutual funds and top rated ETFs .
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