These stocks have turned pricey largely due to their relatively superior prospects
April 26, 2015:
Rising valuations may be a concern for stocks with poor fundamentals. But for companies that have shown resilience and delivered a strong earnings growth, it is more a case of money chasing few good quality stocks.
As the economy recovers, these companies are likely to see a substantial jump in earnings. Despite valuations climbing higher, there is still scope for upside….
Expensive, but hold on to them
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