Morningstar.com published an article yesterday that is perfect for today’s commentary on stocks hitting new 52-week highs and lows. Where to Invest When Nothing Looks Cheap examined the pockets of investing where investors might find reasonably priced investments.
“‘Markets are expensive,’ says Charles Shriver, a portfolio manager at T. Rowe Price and co-chair of the firm’s Asset Allocation Committee. ‘We have more modest return expectations looking over the next 12 months,’” Morningstar contributor Sarah Hansen wrote.
