META:NAS is forecast to deliver 22% revenue growth this year, with sustained growth driven by AI and digital advertising.
Meta announced its Q3 results on October 30th, reporting 20% revenue growth and 26% operating profit growth. Q4 revenue should be $45-48 billion.
Meta was added to our US Tech Disruptors portfolio in August last year, and since then, the stock has increased 120%.
Lam Research Corporation – Common is rated a buy with a stop loss at $70.40
GE HealthCare Technologies Inc. – Common is rated a buy at $83
Medtronic plc. Ordinary is rated a buy $86
JD:NAS is rated a buy at $37
BABA:NYS is rated a buy at $87
Boeing Company (The) Common is rated a buy at $155
Lam Research Corporation – Common is rated a buy at $73.80
The S&P 500’s forward annual earnings per share are tracking at $260, $100 higher than six years ago. The P/E on a forward estimate is 23x. The earnings yield is 4.39%, nearing the June 2020 low of 4.11%.
November 18 – Trip.com Group, Symbotic, AECOM, BellRing Brands, and Brady Corp.
Tuesday, November 19 – Walmart, Lowe’s, Medtronic, Keysight Technologies, and Viking Holdings.
Wednesday, November 20 – NVIDIA, TJX, Palo Alto Networks, Target, and Snowflake.
Thursday, November 21 – Intuit, Deere & Company, Ross Stores, Construction Partners, NetApp, and BJ’s Wholesale Club Holdings.
Friday, November 22 – The Buckle, and Global Blue Group Holding.
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