Siegel: Buy Stocks, Market 25-30% Undervalued
September 04, 2011 at 04:40 AM EDT
Wharton professor and WisdomTree Investments senior advisor Jeremy Siegel believes that stocks are 25% – 30% below what he calls ‘fair market value’ and that, according to him, “might be conservative in terms of earnings power and relative interest rates.” Siegel told Daily Ticker’s Aaron Task that stocks are cheap today based on the expected [...]
