An Undervalued NAZ?

Interesting take by Quentin Hardy, Silicon Valley bureau chief of Forbes magazine, on last night's Kudlow & Company.

"I think, you know, with things going to a record at the S&P 500, it's an excellent time to look at the Nasdaq again and say 'Dow's recovered, S&P's recovered.' Nasdaq won't go to its old high, but maybe it's the undervalued sector at this point."