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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

  • Style-Box Update: Growth Still Leading Value Across Market-Caps: Zeroing in on Mid-Caps
  • SP 500 Earnings Update: The 10-year-and-Under Treasury Maturities Are Now All Below the Fed Funds Rate
  • No Question, the Monetary Policy (Interest Rate) Narrative Has Changed (For the Better)
  • Nike Earnings Preview: Some Improvement is Expected; The 7% Free-Cash-Flow Yield Helps
  • SP 500 Earnings Update: Q2 ’25 Earnings Should be Ok; The Attention Turns to Q3 ’25 Guidance

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