Ordering Two Blue-Plate Specials

Looking for undervalued equities in a market that has been in rally mode for most of the past five years reminds me of rummaging through my fridge two days after Thanksgiving. Most of the good leftovers have been picked over quite thoroughly. However, if one gets creative something tasty can always be had -- turkey tacos, anyone?

I am sanguine on the market right now as we see if equities can hold up when the Federal Reserve finally ends its easing programs in October. Multiples are much higher than they were 18 months ago, as multiple expansion, not earnings growth, has been the main driver of the more than 40% equity returns over that time span....494 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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