Energy appears undervalued while other sectors face high expectations, Lance Roberts notes

Energy appears undervalued while other sectors face high expectations, Lance Roberts notes
Energy sector P/E low, others elevated

Lance Roberts said S&P 500 sector price-to-earnings valuations show the energy sector still appears cheap relative to its historical levels. He added that industrials, healthcare, and consumer staples sectors currently face high expectations.

Roberts previously highlighted that 44% of S&P 500 companies are scheduled to report earnings in a single week, noting the concentrated flow of corporate results in his coverage at S&P 500 earnings next week. He has also drawn references between recent market movements and the tone of the Stealer's Wheel 1970s hit in his analysis for the Before the Bell Report. The observations add to his ongoing assessments of sector trends and investor expectations.

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