It is still early in Tokyo, but given the pop in USD/JPY above 97.00 (stops above 97.00 triggered) here is an early guide to the orderboard (I’ll get it beefed up later). Don’t forget, BOJ later.
Most Popular
Sponsored
Industrials gain 24.5%, but NDSN, AEIS, MEI show weak growth & high P/E ratios.
SCI's weak FCF margin (14.4%) and low returns raise red flags. NFLX & AMGN show strong FCF margins (25.4%, 27.7%) & growth.
Japan's economy grew 2.1% annualized, boosted by consumer/govt spending despite oil price risks. Nikkei dips.
POST's 5.8% ROIC & 13.2x P/E raise concerns. ADUS's $1.45B revenue & 13.4x P/E lag. GBCI's EPS fell 5.3%.
Regeneron shares tumble 10% as its melanoma drug fails late-stage trial, missing key goals.
Monday news - Japan stands ready to intervene against excessive yen volatility at any time, Finance Minister Katayama said at the G7, while officials confirmed Tokyo will avoid selling US Treasuries to fund any action.
MSFT's strong margins & growth make it a top pick at 21.9x P/E. CAG struggles with sales & margins, trading at 8.3x P/E.
Sponsored
Must Read
