A Powerful Market Lesson
Never trust investment advice blindly. Always verify the reasons for a buy or sell signal. Regular readers of Real Money Pro know that I base my decisions on present-day valuation versus historical levels of a security.
Milwaukee-based Wisconsin Energy (WEC) provides a classic teaching moment of how using relative value really works. The chart below highlights six previous snapshots of WEC in terms of price, trailing 12-month price-to-earnings ratio and yield....369 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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