The Big Question: Where is the value in US equities?

Where is the value in US equities?

For some, US stocks have risen in value too fast this year. For others, some last pockets of opportunities remain. Investment Week asked fund managers for their top picks in the region.

            Jeff Morris, senior vice president, head of US equities, SLI   Airline stocks US stock market valuation is mixed after the strong gains the asset class has posted. The 1.9% dividend yield of the S&P 500 is low on European standards, but it is in line with the long-term average for the index. On a multiple of earnings, the S&P 500 is currently trading at just under 16x forward estimates, about one multiple point higher than the long-term average. While the broad index may not look cheap, a number of industry groups remain attractive. In the technology se...