The Only New Stock I've Bought This Year Is the Perfect Addition Amid a Historically Pricey Stock Market
Key takeaways
- YORW ^GSPC ^DJI NVDA INTC Earlier this month, the Dow Jones Industrial Average, S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite hit fresh all-time highs -- and stock valuations nearly followed suit.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- Although "value" is subjective and varies from one investor to the next, the S&P 500 s Shiller Price-to-Earnings (P/E) Ratio cuts through this subjectivity.
YORW ^GSPC ^DJI NVDA INTC Earlier this month, the Dow Jones Industrial Average, S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite hit fresh all-time highs -- and stock valuations nearly followed suit. The second-priciest stock market in history has made it challenging to find a fundamentally attractive deal.
While I ve selectively purchased shares of a few existing holdings this year, there s only one new stock I ve added to my portfolio, and it s ideally positioned to succeed amid a historically pricey stock market: York Water (NASDAQ: YORW).
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »