Definitely team alphabet and Amazon. The main driver for alphabet has always been its cloud. Add to that its successful AI venture with Gemini, it’s like having twin engines for growth. Microsoft is like its competitor on the same twin engines but yet to deliver its full potential. Amazon has ride well on its e-commerce and this is also expected to have increased demand. Compare this to meta which despite its heavy investment in AI, it has yet to yield the economic results that the market is looking for. I would wait for more clarity on the economic returns from all these AI investments before I would consider buying meta. There is no rush into buying the dip when there are many other better companies around that has more promising returns. However I won’t exit it as not all is lost yet. Amazon aws looks set to be on accelerated growth and demand will enhance it’s profitability. The overall situation is still volatile and might change next 1-2 years.
Earnings Season: Divergence or Surprise, Which Stocks Are You Looking at?
Nearly two-thirds of the way through the earnings season, S&P 500 is reporting impressive results.
Both the percentage and the magnitude of earnings surprises are above recent averages. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the quarter. In addition, the index is reporting its highest earnings growth rate since Q4 2021.
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Which company bring us surprises or misses?
What stocks are you looking at?
Share with fellow tigers and win tiger coins~
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