The average price-to-earnings ratio of the S&P 500 is now 25, and the cyclically-adjusted price-to-earnings ratio is over 31. But the financial sector's average price-to-earnings ratio is less than 17. Banks and insurers usually trade at lower valuations than the broad market, due to the amount of leverage and interest rate sensitivity they have compared to other … [Read more...]
3 Credit Card Stocks to Pay Attention To
More and more people are turning away from paper cash and using their credit cards for purchases. As a result, credit card companies are always issuing new cards and tying rewards to these cards to sweeten consumer interest. Of course, the more credit card users a company has, the more potential income the company can make. But not all credit card companies nor credit card … [Read more...]
