Buffett Indicator Hits 281%: Overvaluation Signal and Focus on Dividend Stocks
TGT Target Corp
$165.90 +4.73%
View chart & analysis → - 1The Buffett Indicator, which reached 281% of the total stock market value relative to the US economy, sent a signal of stock overvaluation.
- 2Target recorded over $1 billion in dividend payments in the first half of the year and has increased dividends for over 50 years.
- 3Johnson & Johnson paid a dividend of $5.36 per share, and recent quarterly revenue increased by 6% to $25 billion.
So what's the key point?
A signal has emerged that stock prices are expensive because the value of the US stock market has become much larger than the size of the economy. Target paid out a lot in dividends, and Johnson & Johnson's revenue increased by 6%.
Source The Motley Fool +1 · View original ↗
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