Posted on 08/04/2024 6:51:20 PM PDT by NohSpinZone
Asia-Pacific markets continued Friday’s sell-off as investors awaited key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India.
At these levels, both the Nikkei and Topix are nearing bear market territory, having fallen almost 20% from their all-time highs on July 11.
Monday’s decline follows Friday’s rout when Japan’s Nikkei 225 and Topix fell more than 5% and 6%, respectively. The broader Topix marked its worst day in eight years, while the Nikkei marked its worst day since March 2020.
In early Monday trading, the yen also strengthened to its highest level against the dollar since January, and was last trading at 145.42.
On Monday, S&P Global will release service sector activity figures for countries around the region, including India and China.
(Excerpt) Read more at cnbc.com ...
“Many, if not most, of the corporate stocks are trading with a PE in the 60s. “
—————————hmmm-——————————
S&P 500: 24
Dow 30: 24
Dow Transportation: 16
Russell 2000: 29
Nasdaq 100: 31
Just for starters.
AVGO 61.87
NVDA 62.75
AMD 159.66
Your life would be better if you weren’t a moron. Just sayin.
LOL! These stocks have high growth rates.
NVDA year ago quarter: $0.25 / share
Forecast this quarter: $.59 / share
They keep beating forecasts. At the present price there 2025 P/E would be 30.
“Just for starters.”
You said most. I gave you data for most. You cherry-picked three stocks that have super growth rates.
“NVDA 62.75”
With the stock at 105 and they just meet forecast for this quarter their P/E would be 44.
They usually beat. At 105 that would be in the 30’s.
“AMD 159.66”
ROTFLMAO! “Your life would be better if you weren’t a moron. Just sayin.”
They reported earnings last week. $0.69. That is a 46 P/E.
“AVGO 61.87”
LOL!
AVGO is $146
Latest quarter: $1.10
146 / 1.10 / 4 = 33.
“Your life would be better if you weren’t a moron. Just sayin.”
LOL! Look in the mirror. Just sayin.
“Many, if not most, of the corporate stocks are trading with a PE in the 60s. That can’t be maintained, I see a correction into the teens where it should be. At least that is where I positioned myself. We’ll see.”
S&P 500 forward P/E: 22
Russell 2000 forward P/E: 18
AVGO
Market cap
661.37B
P/E ratio
61.87x
Just split 10 for 1
It’s not hard. Well, unless you are a moron.
“AVGO
Market cap
661.37B
P/E ratio
61.87x”
-—————Now the REAL Verifiable Numbers!—————
AVGO is $146
Latest quarter: $1.10
146 / 1.10 / 4 = 33.
““AVGO ... P/E ratio 61.87x”
——————Diluted PE = 6 -——————
Is EPS or Diluted EPS Better?
Earnings per share (EPS) is an important metric for understanding a firm’s profitability. Because many companies have additional shares in reserve in the form of equity compensation, employee stock options, or convertible securities, diluted EPS provides a more comprehensive view of potential per-share profitability.
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