Third-quarter earnings season is just about over, which means it is time to see which technology companies have been faring best as most stocks have declined. A screen of those companies is below.
The benchmark S&P 500 SPX has fallen 16% during 2022, even after last week’s 6% increase. The S&P 500 information technology sector performed very well last week, with a 10% increase, but is still down nearly 24% this year. A company’s operating margin goes further, subtracting more overhead and other expenses that aren’t directly related to the production of goods and services sold. It is, essentially, earnings before interest and taxes , divided by sales.
The point of all this is to underscore that the strict definition of “S&P 500 information technology” doesn’t match investors’ perceptions. Read Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: cnni - 🏆 326. / 59 Read more »