Pricey Markets led to Glum ETF Performances in 2013
December 08, 2013 at 07:30 AM EST
There are examples, primarily in the technology and Internet spaces, of stocks sporting lofty valuations for extended periods of time. For example, some market observers believed Amazon (NasdaqGM: AMZN) was expensive at $180, $200 and $250 a share. The stock closed near $387 Friday. However, when...