Stocks too expensive for your taste? This bargain-hunting strategy can yield big returns with less risk. - MarketWatch
1. S&P 500 reaches record closing high exceeding 6,400 points. 2. 70% of fund managers believe U.S. stocks are overvalued. 3. Low P/E ratio stocks could outperform amidst current market valuations. 4. Profit growth expected to slow for largest firms in the index. 5. Focus on undervalued sectors like healthcare and energy for potential gains.