The Traderszone Network

Published in TZ Latest News 24 August, 2017 by The TZ Newswire Staff

Even in this Rich Market, Transocean Is Offering Investors Value

Any price-conscious investor out there is likely looking at the valuation of today’s market and saying “no thanks.” With this bull market heading into its eighth (!) year, and the S&P 500 valued at a cyclically adjusted price to earnings ratio of 30 (!!!) it seems like the word “value” doesn’t really apply anymore. Luckily, the aggregate valuation of the market doesn’t apply to every stock, and there’s a fair share of companies in out-of-favor industries, or that Wall Street just isn’t too keen on.

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