Are Stocks Overpriced?

The average S&P 500 PE Ratio is 25.87, 65% greater than its long-term average of 15.68. The Shiller PE ratio, or cyclically adjusted PE ratio, sits at 32.65, 100% above its long-term average of 16.8, and the 14 day Relative Strength Index (RSI) is 72. By these metrics, it’s not a great time to be invested in stocks.

There are still great values in this market. Some examples include: JPMorgan Chase (JPM), Apple (AAPL), Amgen (AMGN), Mastercard (MA), Amazon (AMZN), Alphabet (GOOG), Gilead (GILD), and Adidas (ADDYY).

You can pick up value on the cheap right now. It’s hard to talk me out of being invested in stocks when there’s still great companies at good valuations.

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