In this week's stock market update, the focus is on the remarkable turnaround in the markets, highlighting the potential for significant financial gains. The update delves into the price-earnings ratio as a measure of valuation, noting how sectors like energy, pharmaceuticals, and telecom services, including companies like Verizon, are relatively undervalued. In contrast, tech companies appear overvalued, while banks are deemed cheaper. The analysis extends beyond mere chart examination, encompassing a comprehensive review of over 10,000 stocks to identify key players.

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Risk warning: None of this is individual advice and all investing is risky

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Alpesh Patel OBE