The Best That Money Can Buy? Not By a Long Shot!
May 6th, 2008 | By Andrew Gordon | Category: Politics & EconomicsWe’re in the middle of a recession and there are a ton of expensive stocks on the market. Are they worth it? I just did a search of companies with price-to-earnings (P/E) ratios of over 100. These stocks are pricey. Buying reasonably priced companies in the best of times can be tricky.