3 Stock Sectors With Big Fair Value Estimate Increases After Q4 Earnings
Basic materials, industrials, and technology stocks saw significant valuation boosts.
Source: morningstar.com
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Basic materials, industrials, and technology stocks saw significant valuation boosts.
Software, semiconductors, and television network stocks such as AMC, Altice and Twilio saw significant downward revisions.
Solar stocks get a boost from the Inflation Reduction Act. Increased demand benefits oil and gas drilling equipment suppliers.
Basic materials and energy companies rose the most as the number of fair value increases saw a sharp decline this earnings season.
While few companies’ fair value estimates increased, some sectors saw particularly strong gains.