FlowBank

986 days ago

Sorting top US companies by price-to-earnings ratio

Among the top 20 US companies, the average P/E ratio is at 32x. Shopify seems to fetch the most lofty valuation with a multiple of 341, while Intel and Cisco are only at 13x and 16x, respectfully. Source: Drew Dickson

#Stocks #Technology
Sorting top US companies by price-to-earnings ratio

986 days ago

After U.S. Ban, China Telecom is planning the world's largest share sale in 2021

China Telecom Corp. has won regulatory approval for a primary share sale in Shanghai that is projected to be the world's largest so far in 2021, half a year after being kicked off the New York Stock Exchange. Source: Bloomberg

#Stocks

987 days ago

Has streaming maxed out its growth? Certainly not!

Netflix reported its quarter results earlier this week, and showed that despite what people may think, it still has much room to grow. Indeed, streaming accounted for only 27% of total TV screen time in June 2021, as cable still dominates in the US. Netflix is the first streaming service with 7% of total TV screen time, ahead of YouTube (6%) and Hulu (3%). Considering the fact that the adoption rate is even lower in developing countries, Netflix is confident that is had plenty of room to keep growing. Source: Statista, Nielsen report

#Stocks #Technology
Has streaming maxed out its growth? Certainly not!

987 days ago

Travel and Leisure stocks bounced back, but remain oversold

Travel and Leisure stocks have bounced back but most of them remain in oversold territory, with only a few of them in a neutral zone. Source: Bespoke Investment

#Stocks
Travel and Leisure stocks bounced back, but remain oversold

987 days ago

Flooding has hit Apple's largest iPhone production site in Central China

Heavy floods in Central China knocked down electricity at Apple Inc.'s largest iPhone manufacturing plant momentarily as water poured into several areas, workers were given time off. The damage, however, appeared limited. Source: The Wall Street Journal 

#Stocks
bg_newsletter