Are Stock ETFs Still Cheap After Rally?
August 27, 2012 at 07:00 AM EDT
The S&P 500 index, referred to as the market barometer, is above 1400 to its highest level since May 2008. The index is closely watched and SPDR S&P 500 (NYSEArca: SPY) is the largest ETF by assets. Some analysts make the case that the S&P 500 is still undervalued despite the rally in...