News
News
Target Stock: Traffic Is Up 3.6%, Margins Have Not Followed
Target's comparable traffic grew 3.6% last quarter and the stock has nearly doubled from its low. At 16.4 times earnings…
News
Five Footnotes I Read Before I Trust a Balance Sheet
A balance sheet shows totals; the notes show how they were built. Here are the five footnotes I open first, what a bad a…
MCD
McDonald’s (MCD) at a 52-Week Low: Is Falling Traffic Priced In?
McDonald's beat on earnings while U.S. visits fell 4.5%, and the stock now sits at its 52-week low near 20 times earning…
CTAS
Cintas (CTAS) at 40 Times Earnings: What the Price Needs
Cintas reports on September 23 with the stock near 40 times earnings. Reverse math shows how fast EPS must grow to justi…
SBUX
Starbucks (SBUX) at 55x Earnings: Is the Recovery Priced In?
Starbucks posted a 7.9% comparable-sales jump and raised its EPS guidance, yet the stock trades near 55 times trailing e…
MDT
Medtronic (MDT): Revenue Accelerates, the Multiple Does Not
Medtronic's revenue growth just hit a two-year high while its P/E sits near a five-year low. I checked whether the marke…
NKE
Nike (NKE): The Wholesale Comeback, and Its Margin Asterisk
Nike's wholesale revenue grew 6% in fiscal 2026 while direct sales fell, and Q4 gross margin jumped on a one-time tariff…
TMO
Thermo Fisher (TMO): Paying 35 Times for the Lab Standard
Thermo Fisher sits 1.8% off its high at 35 times earnings after its growth accelerated to 11% last quarter. I check whet…
News
Applied Materials: 25% Growth, and a China Market That Is Not Coming Back
Applied Materials just posted 25% revenue growth while China fell to 28% of sales from 35%. I work through what the expo…
ARM
Arm (ARM): Licensing Bookings Predict Where Royalties Go
Arm never manufactures a single chip, yet it trades at 281 times earnings. I look at how licensing bookings today become…
CSCO
Cisco Stock Forecast: CSCO at 32.9x on 18% Quarterly Growth
Cisco fell 8.4% after a quarter with 18% revenue growth and record AI orders. I dug into the margin numbers behind the d…
NOW
ServiceNow (NOW) at 84 Times Earnings, Betting on Otto
ServiceNow renamed its AI agents Otto and opened the platform to rivals like Claude and Copilot. At 84 times earnings, h…
QCOM
Qualcomm (QCOM) at 20 Times Earnings, Minus Apple
Qualcomm's biggest customer is heading for the exit, and management just quantified the gap: automotive and data center …
News
Broadcom’s Custom Chips Work Like Long-Term Licenses
Ninety-three percent of analysts rate Broadcom a buy. Its own quant score reads D, unchanged from a year ago. The AI chi…
News
Adobe at One Billion Users: Can AI Be Sold Separately?
Adobe just crossed one billion monthly users while its stock trades near a decade-low multiple. Only thirty-eight percen…