1. The S&P 500 stood at 2364 as of February 28, 2017, up from 2,234 at December 31, 2016,
2. Companies with solid fundamentals that are priced below those of its peers, based on analysis of price/earnings ratio, yield, and other factors.
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The S&P 500® Index measures the performance of the large cap segment of the U.S. equities market, covering approximately 75% of the U.S. equities market. The Index includes 500 leading companies in leading industries of the U.S. economy.
The Russell 1000® Index is an index that measures the performance of the 1,000 largest companies in the Russell 3000 Index.
Price-Earnings (P/E) is the price of a stock divided by its earnings per share for the past 12 months. Sometimes called the multiple, P/E gives investors an idea of how much they are paying for a company’s earning power. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.
Price-To-Book Ratio (Price/Book) compares a stock’s market value to the book value per share of total assets less total liabilities. This number is used to judge whether a stock is undervalued or overvalued.
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