A Turn for Large-Caps

This hasn’t been a pleasant decade for large-cap stocks. Consider General Electric (GE). The company’s earnings-per-share this year will be about 75% higher than in 2000, yet the stock is 30% below its 2000 high.
But the outlook for large-caps may be changing. During the July-August correction, the S&P 100 fell less then the S&P 500, and it’s risen more off the August 15 bottom.

Posted by on September 19th, 2007 at 1:01 pm


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