Yardeni Sees Good Value in Market

Yardeni Research says S&P 500 forward P/E fell 17.8% to 18.9 while forward earnings rose 12.7% to record highs.
Forward profit margins hit record 15% overall, with IT sector at 31.4% and Financials at 21.4%, supporting bullish outlook.
IT forward P/E 20.7 aligns with S&P 500 19.9; IT and Communication Services hold 43.6% cap, earnings share 42%, narrowing dot‑com gap.
Insiders turned more bullish over past two weeks as stock prices fell, per analyst Michael Brush, reinforcing Yardeni's positive stance.