Visa’s (V) Stock Seems Strangely Undervalued With its P/E of Only 24
Visa’s (V) stock seems undervalued by 32% when I look out to 2024 (which is just one quarter away). Here’s my analysis as to why:
Visa’s (V) stock seems undervalued by 32% when I look out to 2024 (which is just one quarter away). Here’s my analysis as to why:
Tractos Supply (TSCO) missed profit est. last qtr as big ticket items like riding lawnmowers, generators & recreational vehicles were weak.
Enphase Energy (ENPH) is seeing a slowdown in its US business. Meanwhile Europe is strong — just not strong enough.
Domino’s (DPZ) stock sparked higher after it announced a deal that will allow its customers to place orders on Uber Eats.
McDonald’s (MCD) continues to deliver impressive results, with new catalysts like McCrispy Chicken Sandwich and Spicy McNuggets.
Fiserv’s (FISV) has had double-digit profit growth every year since 1986. Now it sees future growth opportunity in Latin America.
Aplhabet (GOOGL) delivered an excellent earnings report, with lots of accelerated revenue growth and AI features galore.
Tesla (TSLA) cut prices, and this lead to an 86% increase in year-over-year vehicle deliveries last qtr. What happens is margins rise?
I used to consider the uniform company Cintas (CTAS) a 10% to 12% profit grower. The figures CTAS is delivering now are much higher.
Waste Management (WM) had slow profit growth last qtr (+5%) as inflation is hurting profits. But double-digit growth is set to resume.
Johnson & Johnson (JNJ) is seeing good growth from its Medical Technology division as people are opting for elective procedures again.
Lockd Martin (LMT) saw good sales growth last quarter in its Aeronautics (+17%) and Space (+12%) operating segments.