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Good article on seekingalpha.com regarding stock valuations versus GDP,might be worth a look.
Never mind apples and oranges, comparing GDP of the country to the valuation of an individual stock is like comparing apples and moon rocks, two totally different things. The comparisons mean very, very little.
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I don't know much about pharma stocks, but I'm thinking MRK and LLY are looking very, very cheap right now. Thoughts?
All banks are gonna makes us bag holders. I'll pick BAC up when it hits 5 or 6 bucks Just kidding. But BAC may never see 13 again for a long time
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