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Month: February 2020

SP 500’s Top 10 Stocks and Style Box Update

February 16, 2020 Brian Gilmartin Leave a comment

These used to be the Top 10 names by market cap in the SP 500. Procter & Gamble and Visa…

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Posted in: Style analysis, Top 10 Market Cap Weights

SP 500 Weekly Earnings Update: SP 500 “Earnings Yield” Back Down to 5.20%

February 15, 2020 Brian Gilmartin Leave a comment

The SP 500 earnings yield has retreated again down to close to 5% at 5.20%. This level is always worrisome.…

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Posted in: SP 500 Earnings Yield, Weekly Earnings Update

Walmart Earnings Preview: Running to Stand Still – Stock Fully-to-Slightly Overvalued

February 14, 2020 Brian Gilmartin Leave a comment

Doug McMillon has done a great job focusing on Walmart on the e-commerce threat and opportunity, but over the long…

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Posted in: WMT

Cisco Earnings Preview: Buybacks Supporting EPS as the Business Model Transitions

February 11, 2020 Brian Gilmartin Leave a comment

When Cisco nearly hit $60 per share in July, 2019, the 19% EPS growth generated in fiscal 2019 by the…

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Posted in: CSCO

What’s the Right Time Horizon to View SP 500 Earnings ?

February 10, 2020 Brian Gilmartin Leave a comment

In a nutshell, I’d say about 12 – 15 months forward and the data can be sparse beyond 12 months.…

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Posted in: Forward SP 500 earnings curve, Fwd 4-qtr growth rate (SP 500), SP 500 forward estimate rate of change

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Fundamentalis

  • SP 500 Earnings: 2026 Expected SP 500 EPS Hasn’t Wavered Much from Expected 14% Growth Rate
  • SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates
  • Bond / Fixed-Income Returns Having a Good Year (so far) in 2025
  • SP 500 Earnings: SP 500 EPS Growth for 2025 Has Risen from 8% to 10% since Late June
  • Walmart Post-Earnings: Noisy Quarter, but Operationally, Walmart is Fine

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