AI Beneficiary PEG Ratios - Locating the Value
Will nvidia $NVDA really plateau at 14% earnings growth after this year? Will arm $ARM come back to earth or will earnings rocket? Source: Consensus Guru
Thanks God for tech! Big tech is the only space seeing upward revisions
Source: TME, Barclays
Nvdia results are out - $NVDA beats in revenue & earnings - the stock is up more than 8% after hours.
"Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations." – Co-founder & CEO, Jensen Huang Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said that revenue during the current quarter would be better than expected, even against elevated expectations for massive growth. Revenue +265% *Data Center +409% *Gaming +56% *Professional Vis. +105% *Automotive -4% EBIT +983% *marg. 62% (21) EPS +765% Source: Quartr
Jeff Bezos never focused on earnings, EPS, or "profit". Why? He knows those numbers are flawed.
Source: Brian Feroldi
The us equity rally is being supported by better NTM earnings as well as multiple expansion, the latter driven mostly by Tech.
Source: Barclays, TME
Earnings for the Week of February 5, 2024
source : earnings whispers
US Earnings season UPDATE
Q4 GAAP EPS +16% higher than a year ago after 46% of S&P 500 companies have reported. Note that Beats are rewarded like never before. We have seen sharp moves for positive surprises led by large cap constituents. Source. Factset, TME
The performance differential between Nasdaq 100 (Tech) and Russell 2000 (us small-caps) is extreme.
Yet the earnings gap between Mega Cap Tech Stocks and Small Caps has widened to all an all-time high. Source: Barchart
