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Global Equity Ratings

Growth stocks with outperformance

Profit-taking led to a slight correction on the global stock market last week. In the U.S., the strong results of NVIDIA provided a slight global outperformance. The very authoritative technology stocks (27% share of the global equity market) had recently already shown a significant increase in operating profit forecasts.

We are reducing the number of cyclical value stocks in our coverage in this market environment.

NVIDIA: 2Q sales guidance well above expectations, margins improved, valuation down

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2023/06/01 / Erste Group Research

Growth stocks with outperformance

Profit-taking led to a slight correction on the global stock market last week. In the U.S., the strong results of NVIDIA provided a slight global outperformance. The very authoritative technology stocks (27% share of the global equity market) had recently already shown a significant increase in operating profit forecasts.

We are reducing the number of cyclical value stocks in our coverage in this market environment.

NVIDIA: 2Q sales guidance well above expectations, margins improved, valuation down

PDF Download Download PDF (6.2MB)

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