Market Declines Lead To "Cheap" Equities, Bulk Shippers Dominate Bargain List
August 25, 2015 at 14:30 PM EDT
With the big sell off yesterday, we now calculate that 30.68% of stocks are overvalued and 8.9% of those stocks are overvalued by 20% or more. To find stocks calculated to be this "cheap," you would have to go all the way back to November, 2012.