Report: Stocks Cheapest Since 1990

Stocks are cheaper than they’ve been in more than two decades, according to a new report from Bespoke Investment Group.  According to CNBC.com, Bespoke says in its 2012 outlook report that it expects stocks to rise 11%, and perhaps more, in 2012 as investors realize how attractive valuations are. “The S&P 500 is currently trading below its historical average P/E and P/B ratios, and these ratios are also at their lowest levels in the careers… Read More

Consumer Stocks Still Kickin’

Continuing its look at what has and hasn’t been working in the market of late, Bespoke Investment Group says today on Seeking Alpha that the consumer staples and healthcare sectors have had the best relative strengths versus the S&P 500 over the past 12 months. That’s not surprising, Bespoke says, given those sectors’  reputations as defensive areas of the market. But Bespoke also notes that the consumer discretionary sector has outperformed the S&P over the… Read More

Institutional Ownership Driving Momentum?

Another investment idea that piggy backs off of Bespoke Investment Group’s great research. Bespoke broke down the S&P 500 into groups of 50 based on levels of institutional ownership, and looked at the performance of those groups since the November 20th market low. What they discovered was that those stocks with the highest amount of institutional ownership were the best performers. Specifically, the most widely owned group of 50 stocks was up +35% since 11/20,… Read More

Small Caps Leading the Surge

Today we came across some interesting research by Bespoke Investment Group that showed the recent performance of stocks across the ten size-based deciles that make up the S&P 500. The index is up about 20 percent off its Nov. 20 lows, but according to Bespoke, “the average stock in the S&P 500 is up even more at 27.32%. This is because the smallest stocks in the index have outperformed their larger cap brethren … The… Read More