“Better” Is the Best Word on Wall Street Offered by Rob Taylor From my perspective, we can't hear the word "better" enough in the weeks ahead. "Better than expected." These are winning phrases that can be used by market pundits when they compare a company's quarterly financials against Wall Street's forecasts. Additionally, terms like these can help investors feel hopeful about potential market behavior. One way to measure "better" is the number of Standard & Poor's 500 companies that revise their earnings estimates prior to reporting earnings. As you can see in the accompanying chart, fewer companies have revised their estimates for Q12023. So in this instance, fewer revisions lower is better than in the prior two quarters.
|
I’m a bit of an optimist when it comes to creating an investment strategy that fits your goals, time horizon, and risk tolerance. So I’ll be collecting all the betters I come across in the coming weeks. If you see a use of better that catches your attention, let me know about it. I’ll add it to my list! DISCLAIMER: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of Global View Capital Advisors. LTD (GVCA) or any of its affiliates. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security. |
“Better” Is the Best Word on Wall Street
