Who did it better? $NVDA or $CSCO in 2000?
On this day in 1996: Apple cover story “The Fall Of An American Icon.” Source: Jon Erlichman
Beware of magazine cover page...
On this day in 1996: Apple cover story “The Fall Of An American Icon.” Source: Jon Erlichman
There's no other way to say it: Pokemon is an absolute beast.
Source: Markets & Mayhem
Invest For The Long Term
Probability of Negativ Returns, Based on S&P500 Total Returns From 1929-Present
The reason why tighter bank lending conditions bite Eurozone economy faster, while US companies still don’t suffer under higher rates due to longer duration.
Source: Patrick Krizan, Michel A.Arouet
Goldman raises Nvidia price target to $800.
Stock is up another +3% pre-market
Apple has bought back $619 billion in stock over the past 10 years
Which is greater than the market cap of 492 companies in the S&P 500. $AAPL Source: Charlie Bilello
Expensive for a reason...
Since December 2019, the Magnificent 7 stocks collectively delivered a 28% annualized return. Of this, approximately 27% is attributable to earnings growth (21% sales growth and 6% margin expansion) with only 1% due to multiple expansion. In contrast, earnings drove only 13% of the S&P 500’s 17% annualized return since 2019. Looking forward, Goldman expect revenue growth will be the key driver of returns for the Magnificent 7 stocks. Bottom-up consensus expects the seven companies will collectively grow sales at a 12% CAGR through 2026 compared with an 3% CAGR for the remaining 493 companies in the S&P 500 index.
