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The valuation gap between stock market winners and losers is highest in 20 years
- peter_d_sherman 6y ago>"Even within sectors, the "collective top 20% of stocks from every S&P 500 sector trade at a median [second fiscal year] multiple of 27x, while the bottom 20% of stocks with the same sector composition trade at a multiple of 9x," Goldman Sachs said in note. That makes the gap within sectors the widest in 20 years, the firm said."