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As major U. S. stock indexes hit record highs, you may be wondering: is it time to invest abroad?If not, you may want to look for the best European stocks to buy.
The U. S. stock market is trading lately at around 20 times anticipated earnings. Compare that to the European stock market, which trades at less than 14 times anticipated earnings, and see how overvalued the U. S. is in relative terms.
“We have noticed an unprecedented expansion in the U. S. stock market due to the proliferation of new technologies, from which the U. S. has benefited disproportionately,” said Chris Berkel, investment advisor and president of AXIS Financial in Edmond, Oklahoma.
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Coryanne Hicks is an investment and private finance journalist specializing in women and millennial investors. Previously, she was a Chartered Financial Professional at Fidelity Investments, where she helped clients make more informed financial decisions every day. He has written financial guides for the industry. advantages and even a personal memoir. She is passionate about improving money literacy and believes that a little education can go a long way. You can connect with her on Twitter, Instagram, or her website, CoryanneHicks. com.