Stocks For The Long Run Professor Jeremy Siegel Sees Dow 18,000 By Year End

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Aug 27, 2014

Despite being six years into a bull market professor Siegel remains bullish.

He sees a strong economy and reasonable valuations.

He cites the S&P 500 as being cheap given earnings are expected to be 120 which puts the market at a 16.5 multiple. That is cheap in a low interest rate environment according to Siegel.