20 stocks to consider if you want alternatives to the expensive S&P 500
1. U.S. stock indexes hit record highs, raising concerns over high valuations. 2. S&P 500 shows an expensive forward P/E ratio relative to historical values. 3. SPY ETF tracks S&P 500, holding a concentrated share in top tech stocks. 4. Comparatively, MSCI EAFE Index offers less concentration with lower average valuations. 5. Analysts expect growth in select international stocks, with specific revenue CAGR forecasts.