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.

If you're looking for some long-term investing ideas for the current bull market, you're invited to check out The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's absolutely free, so simply click here now and get your copy today.


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