Stock Research, Quotes, Performance, and other information by Fidelity Investments
Even with record earnings per share growth, one would have to assume “quite a bit of multiple expansion” for the Dow to get to 100,000, Buckley said. Currently, the price-to-earnings ratio is sitting at around 30, representing a historical high going back to the late 1990s. If the Dow could buck historical trends, what would the 30 […]