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13:00
May 29
Denise Chisholm Director of Quantitative Market Strategy, Fidelity Investments The Compound News
S&P 493 earnings recovery is just starting
Earnings growth for the S&P 493 (stocks outside the Magnificent Seven) is just beginning after a three-year contraction, with only four months into the recovery. This broadening is underappreciated and suggests sustained upside for non-Mag7 equities as margin expansion and earnings recovery continue symmetrically.
S&P 493
HIGH

About S&P 493 Analyst Coverage

Buzzberg tracks S&P 493 across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Latest voices: Denise Chisholm.