Mid-Caps at 16 Times Earnings Offer the Real Bargain: Hennessy's Wein
Hennessy's Josh Wein says the S&P 500's 21x multiple is a mega-cap illusion: the average stock trades at 17x, mid-caps at 16.5x, and he sees 5-10% more upside this year.
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Hennessy's Josh Wein says the S&P 500's 21x multiple is a mega-cap illusion: the average stock trades at 17x, mid-caps at 16.5x, and he sees 5-10% more upside this year.