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- Apple the laggard of the group with its shares up only 17% in 2015.
- Facebook has gained more than 25%.
- Google is now up 30%.
- Amazon has soared 55%.
So what's next for these fabulous four?
Apple is the only one of these stocks that could be considered a bargain. It trades for just 13 times earnings estimates for next year. The company is the only one of these four that also pays a dividend.
Not to Mind all the talks about Apple Watch sales being lackluster, Apples earnings show that iPhone demand is still ridiculously strong.
Google now trades for more than 20 times 2016 profit forecasts thanks to July 17's big move. But for the first time in a while, Google is living up to the hype.
The latest earnings showed strength in mobile and online video advertising. And Wall Street loves that new CFO Ruth Porat (formerly of Morgan Stanley (MS)) is promising to be more disciplined when it comes to expenses.
Amazon is the toughest of these four to recommend. Its valuation is obscene - more than 170 times 2016 earnings estimates. Some would argue that Amazon needs someone like Porat to keep Jeff Bezos from spending too much.
But Amazon is doing extremely well. The company touted strong sales for its Prime Day event this week - even though most of the reaction on social media about the deals was negative. And Amazon has now been overvalued for 20 years. So Bezos is obviously doing something right.
Finally, there's Facebook. It doesn't report earnings until July 29. But investors are clearly expecting extremely strong results. Wall Street is impressed by how quickly Facebook has become a mobile advertising giant. It looks like Facebook is going to give Google's YouTube a run for its money in digital video as well.
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So it's hard to bet against any of these four giants right now. But keep in mind that tech is one of the most fickle industries out there -- from a consumer and investing standpoint.
In addition to Microsoft, there was a time when experts thought Cisco, IBM, Intel, HP, Dell (now private), EMC, Oracle and Sun Microsystems (now owned by Oracle) were among the Four Horsemen.
Could companies like Netflix, Alibaba, GoPro and Salesforce eventually become one of the Four Horsemen of Tech?
If you look at the valuations of the biggest "unicorn' start-ups, we could be talking about Xiaomi, Uber, Snapchat and Airbnb being the new Four Horsemen in five to 10 years.
So unlike War, Famine, Pestilence, and Death (it is a wonder that tech giants nicknamed for harbingers of the apocalypse by the way?) tech companies don't get granted lifetime membership in the Four Horsemen club.
But at the present - Apple, Amazon, Facebook and Google are galloping way ahead of the rest of tech.
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