Chrishust
01-16
$Goldman Sachs(GS)$ $JPMorgan Chase(JPM)$ $Bank of America(BAC)$ there is a lot to like about the banks performance at this time in the economic cycle. With high growth in the economy in the United States, there is a strong positive investor sentiment for banking stocks with strong momentum. This results in a high likelihood of price growth for each of the banks. Within this list of banks. The banks with greater commercial exposure are likely to outperform $Goldman Sachs(GS)$ benefiting from deal making in the economy. In terms of lower prospects. The real estate exposed banks $Bank of America(BAC)$ may lag the more higher performing stocks
Q4 Earnings Season: Valuations Stretch, What to Focus?
Q4 earnings from the S&P 500 are sending mixed signals. Blended Q4 earnings growth stands at 8.2%, marking a potential 10th straight quarter of YoY growth, led by Information Technology and Materials, while Energy and Consumer Discretionary lag. Revenues are growing 7.8%, still solid but below long-term averages. Meanwhile, the forward P/E has climbed to 22.2, well above historical norms, raising questions about how much good news is already priced in. What to focus during this earnings season?
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