Despite the recent dips in the market, U.S. stocks are still sitting pretty. The market has been rallying for the last seven years and it has only intensified its upward swing since the election of Donald Trump.
Since November 2016, stocks – as represented by SPDR S&P 500 ETF Trust (SPY) – are still up by nearly 12%. That continued surge has made some investors question just how much of a value U.S. stocks are. And it’s no secret that today U.S. equities are selling for prices well above historical norms.
With that in mind, exactly what is a value today?
According to investment manager Invesco (IVZ ), the answer might be to break out your passport.
Check here to know everything about foreign dividend stocks.
Time to Look Overseas
As equities in the United States have surged since the end of the Great Recession, stocks domiciled abroad haven’t exactly maintained the same pace. A number of factors have kept the lid on growth – and subsequently stock prices – for those firms located in the developed and emerging worlds.