Is the Dow Too Expensive? (^DJI, ^GSPC)

Is the Dow Too Expensive?

Four years after the bull market began, the Dow Jones Industrial Average (DJINDICES: ^DJI ) and S&P 500 (SNPINDEX: ^GSPC ) are at or near all-time highs. But does that mean the stock market is expensive right now?

In the following video, Fool markets analyst Mike Klesta talks with contributor Dan Caplinger about a couple of ways to slice and dice the valuation of the stock market, as well as a surprising sector to consider for value investments.

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