Let me focus on technology here today, rather than giving a more broad-brushed picture. This is more of an investor-focused post. But I am playing catch-up on a few of the tech stories. So I want to put them all together in one lot. And I think the daily is a good place for it then.
The big picture is that earnings growth at technology companies in Q2 is so far the third best sector at over 25% year-on-year behind energy and materials. Meanwhile revenue growth is 4th best at 13.6% behind energy, materials, and real estate. Even so, investors typically connote tech with growth stocks and have high expectations for growth in the sector.
1 Big Thing: Growth companies are all about intangibles now
I think Tesla is a perfect example of the kind of tech stock where growth expectations dominate,...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.