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• Who says the stock market is too cheap?

  Published: July 30, 2007, 1:00 pm

  Tags: Apple Inc Aapl, Appleinc Aapl, Bloomberg, Cheap Stocks, Cheapstocks, Institutional Investors, Institutionalinvestors, Intuitive Surgical, Intuitive Surgical Isrg, Intuitivesurgical, Intuitivesurgical Isrg, Johnson And Johnson Jnj, Johnsonandjohnson Jnj, Pulte Homes Ph

  dismal like housing stocks Pulte Homes (NYSE: PHM) and Toll Brothers (NYSE: TOL). While one could make the argument that stock valuations are at a low point there is more to the story. Since valuations -- think price-to-earnings (P/E) ratios -- are at a cumulative low, and the market prices stocks based on future earnings and growth of equity

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