The reporting season so far has been highlighted by a few stocks surprising on the upside and rallying significantly. If you take the broader stock market increase to indicate approval, it looks a little strange. Earnings forecast growth for 2024 has almost halved while stocks have rallied.
In this week’s podcast, Nucleus Wealth's Chief Investment Officer, Damien Klassen delve into the reporting season so far, looking at winners, losers and trends.
Agenda:
Quick overview of Q1 season so far
Magnificent 7
Where is the market looking?
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