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Chinese tech stocks might be trouble but their U.S. counterparts are hitting of all cylinders. And there are good fundamental reasons: 75% of the S&P 500 companies reported earnings already. So far, the average year-over-year earnings growth is 30%, the average y/y sales growth is 10%. We haven’t seen such high growth rates since 2010.
We take a look at some new and some old ideas: SEND, DOCU, FIVE, NKE, DIS, BL, MELI, NVDA, AAPL, TWLO, ETSY, AMGN, SGEN, MYGN, and others.