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Are European Stocks a Good Value?

posted 7/31/2012 in Investments

Market Commentary Highlights...

.Given the plunge in European stocks over the past year, are European stocks a good value? We doubt it.
.In general, European stocks are not inexpensive relative to U.S. stocks. This is because earnings per share in Europe have been falling along with prices, keeping price-to-earnings (PE) ratios from offering an attractive discount.

View the entire Market Commentary (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of July 30, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found here.

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