A great read, and good arguments for the chip sector -- the "heart" of technology.
Sad to see Intel's market cap is smaller than AMD in your "Growth vs. Valuation". And a question - when you mention the X-axis as EPS growth on that chart, do you mean 100% of the EPS growth of the S&P Tech sector or the 100% is an absolute number? Thanks!
Sorry if that EPS bit wasn't clear. It's just absolute EPS growth forecast over the next 3 years. So Wall Street consensus is that the S&P 500 will grow ~43%; S&P Tech Sector 64%; Nvidia 270%; etc.
A great read, and good arguments for the chip sector -- the "heart" of technology.
Sad to see Intel's market cap is smaller than AMD in your "Growth vs. Valuation". And a question - when you mention the X-axis as EPS growth on that chart, do you mean 100% of the EPS growth of the S&P Tech sector or the 100% is an absolute number? Thanks!
Thanks so much Marianne!
Sorry if that EPS bit wasn't clear. It's just absolute EPS growth forecast over the next 3 years. So Wall Street consensus is that the S&P 500 will grow ~43%; S&P Tech Sector 64%; Nvidia 270%; etc.
Many thanks for the clarification!