As Rare As The Loch Ness Monster, Equities At A 10 P/E
“Nessie.” That’s the nickname for the lake-living, reclusive beast that has lured spellbound tourists to a fabled Scottish lake—Loch Ness—for decades. This raging stock market has gotten to such a point that you could be forgiven for thinking the Loch Ness Monster hoax is more believable than claims of spotting a low P/E equity basket these days.
By and large, there is not much you can do if you want a really low P/E in the U.S.—not with the S&P 500 Index loitering around 3,800, its forward P/E at 23.
To get there, you might consider turning to emerging markets (EM).
We have a couple of Funds that own a bunch of inexpensive stocks, the type of Funds you might own when you are decidedly bulled up on value relative to growth.
Here are two of our deepest value ideas: DGS, The WisdomTree Emerging Markets SmallCap Dividend Fund, and DEM, The WisdomTree Emerging Markets High Dividend Fund.
Continue reading at Talk Markets right here: https://talkmarkets.com/content/etfs/as-rare-as-the-loch-ness-monster-equities-at-a-10-pe?post=301100