[proxy_user]

Some examples from my own portfolio:

INTC - 12 times earnings
CSCO - 15 times earnings
ABBV - 10 times earnings
MO - 10 times earnings
PFE - 11 times earnings
VZ - 12 times earnings

So mature blue-chips are far from bubble territory.

[Vermont Lt]

That’s all well and good, but future earnings projections are fake, and the value of the market is in the FANGs. It will be interesting to watch earnings start in two weeks or so.