Positing that the earnings estimates for the S&P 500 for 2022’s first quarter are “overly pessimistic,” strategists at JPMorgan Chase & Co. believe that Corporate America will easily surpass those…
Tag: Earnings Estimates
Think Twice Before Using the Forward P/E Ratio
The financial industry has managed to confuse investors by implying that stocks are attractively valued based on their forward price-earnings ratios. This according to Joachim Klement, CFA, in a July…