Alerts

   Richard Lañeda, CFA

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Adrian Alexander Yu

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Justin Richmond Cheng, CFA

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   George Ching

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   George Ching

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   George Ching

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Justin Richmond Cheng, CFA

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Richard Lañeda, CFA

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Richard Lañeda, CFA

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.

   Frances Rolfa Nicolas

The median reduction in our 2020 earnings forecast is 27.3%, while the median reduction in our FV estimate is 29.3%. For 2020, we now forecast earnings to fall by a median rate of 18.2% compared to year ago levels. This is compared to our previous forecast of a 12% growth in earnings for 2020. Even with the downgrade, most stocks are still trading significantly below their fair value estimates. Median capital appreciation potential based on stocks’ current price and our new FV estimate is still 21.2%. However, stocks belonging to sectors that are resilient to the crisis have rallied significantly from their March lows and are no longer attractively valued (telcos, consumer staples, retailers of basic goods). Wait for pullbacks before buying the said stocks.