
Niles says investors must ‘forget about’ valuations, names favorite stocks
Investors can suspend their focus on price to earnings and other multiples as the stock market rises to all-time highs, according to Dan Niles, portfolio manager and founder of Niles Investment Management. “You kind of have to forget about valuations for now,” Niles said on CNBC’s “Squawk on the Street.” “Then we’re going to get…