Low P/E Stocks Hitting New Price Highs And Paying Dividends
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The concept behind identifying stocks with lower than average price/earnings ratio is that the investor is receiving more in earnings for the price paid than with higher p/e issues.
With the multiple of the S&P 500 now sitting at 21, it’s interesting to screen for what Benjamin Graham might call bargain stocks at much lower multiples.
By adding a screen…
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