Global equity markets continued their march upward in the first quarter, making undervalued stocks all that much more challenging to find. Our overall coverage universe is trading at 97% of fair value, based on a market-cap-weighted average.
What does this mean for investors? We've gotten a lot of questions lately about the valuation of the overall market--understandably so, given the U.S. market's recent run. A fairly valued market is a challenge from an investing perspective because it doesn't send a clear signal either way. There are a couple of key takeaways for investors, but it boils down to one idea: Be selective with your investment decisions. Click here to read our full Outlook for the Stock Market.
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