Weekly Briefing: 1/30/22
Profits up with share prices down means valuations are lower...
Performance & Other Observations
Do not overlook the obvious. The Q4 earnings season is off to a relatively good start. Profits are once again beating expectations, even if the beat margin is smaller compared to recent quarters. With profits up and share prices lower (so far in 2022), valuations have moved lower. Equity shares are now less expensive vers…