Magnificent 7

Posted on | by Leon Hinde | Leave a Comment on Magnificent 7

In Q4 2023, the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an underperforming 11%.

  • Tesla Q4: -47%
  • Apple Q4: +11%
  • Google Q4: +27%
  • Microsoft Q4: +33%
  • Meta Platforms Q4:+41%
  • Amazon Q4: +388%
  • Nvidia Q4: +980%

Apple and Google are under recent algo engine buy signals, and we’re now building exposure within the identified value ranges.

Alphabet – High Conviction Buy

Posted on | by Leon Hinde

Alphabet is a current holding in our US S&P100 model portfolio.

Shares of Alphabet rose after its second-quarter earnings announcement with earnings and revenue beating market expectations.

The strong earnings came from higher ad sales and growth at its cloud unit.  Google reported advertising revenue of $32.6 Bn for the second quarter, compared to $28.09 Bn during the second quarter last year.

Revenue came in at $38.94 Bn up 19% from last year and earnings per share were $14.21, up 21%.

Alphabet said its board of directors approved a re-purchase of up to an additional $25 Bn of its Class C capital stock.

Alphabet is on our high conviction buy list, underpinned by strong revenue growth and the large scale share buyback.