Just wanted to point out that many stocks are looking crazy cheap from a price to earnings perspective. Just note that many of the earnings figures in those ratios are not accounting for the complete economic shutdown we are currently encountering.
When earnings start to come out forward looking PE ratios will get adjusted and some stocks may look more expensive than initially thought.
Most likely why someone like Warren Buffet is waiting. He thinks there will be more value to extract somewhere in the future.
Or maybe I’m just a clown who’s looking for any reason not to buy because the thought still makes Me sick.
Submitted March 28, 2020 at 08:19PM by samdaryoung https://ift.tt/2ULcopY
