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>> DOW JONES 16,000 Latest News

OCT 02, 2015 - Zero Hedge

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What's The Worst That Could Happen?

Via ConvergEx's Nicholas Colas, The 30 stocks of the Dow Jones Industrial Average currently trade for an average of 14.8x next year’s consensus earnings.  But... Everyone knows Wall Street analysts are always too optimistic, so what if we just look at the lowest estimate for each company?  That “Worst Case scenario” P/E is 16.7x – not "Cheap", but not crazy ...

Tags: What's The Worst That Could Happen?,  Dow Jones 16,000 Latest News