S&P500 forward PE is being skewed higher by the Mag 7. The S&P 493 forward PE is something like 18 and the S&P600 forward PE is something like 13, rather cheap.
I'm focused on investing in undervalued individual stocks, not the high PE megacaps. It's just a guessing game when they'll finally correct.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.