The market’s wobble amid Iran war has left world-beating U.S. stocks ‘extremely cheap,’ says Bill Ackman

Valuations of some of Wall Street's previously most popular stocks have gotten too low amid the Iran war, analysts and a big-name hedge-fund manager now argue. Valuations of some of Wall Street's previously most popular stocks have gotten too low amid the Iran war, analysts and a big-name hedge-fund manager now argue. - Majid Saeedi/Getty Images The U.S. and Israeli war with Iran has entered a fifth week. The S&P 500 is down five weeks in a row, its worst run since August, having shed 8.7% since its record- ...