Hugh Johnson Cheap Quotations

It has been a solid performance, but there's still a healthy level of skepticism because stocks aren't cheap right now.

The stock market rally today is because we drove the market down to levels that were on the cheap side and when you get news like the leading indicators saying things are going to be good for the economy and profits, that attracts buyers.

The main reason that Alcoa is cheap is that all of the stocks in basic materials are cheap,