Abby Cohen

  1. 952 Posts.
    Well Abby reckons the markets are undervalued in the US. Only undervalued if you like buying stocks on pe's of 30+

    cheers chooch...

    10:27am 06/10/02
    S&P 500 more than 20% undervalued: Goldman's Cohen ($SPX, $INDU) By Tomi Kilgore
    Abby Joseph Cohen, chief investment strategist at Goldman Sachs, said her valuation model suggests that the S&P 500 Index ($SPX) is more than 20 percent undervalued, and sees fair value at 1,300. The index is currently up 6 points at 1,033, leaving 26 percent appreciation potential to her target. Cohen's target for the Dow industrials ($INDU) is 11,300, which is 17 percent above the current level (9,640).

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