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高盛:強勁盈利表現將扭轉大型科技股跌勢
高盛表示,預期強勁的盈利表現,或會扭轉美股大型科技股和成長型股票的跌勢,相關股票受美國國債收益率上升的打擊,目前股價處6年來最低水平。 包括蘋果公司(AAPL.US)、微軟(MSFT.US)、亞馬遜(AMZN.US)、Alphabet(GOOG.US)、Nvidia(NVDA.US)、Tesla(TSLA.US)及Meta(META.US)在內的美股「七大巨頭」於過去兩個月內下跌7%,跑輸標普500指數的整體下跌3%,而美國國債收益率躍升逾60個點子至16年高位。 高盛表示,股價下跌導致過去兩個月大型股的遠期市盈率總共下降20%,但基於長期增長,有關股份股價處於自2017年1月以來的最大折讓。另一方面,此等股份今年第三季的銷售增長料達11%,高於標普500指數的升1%。 高盛認為,自2016年第四季以來,美股大型股有81%時間超出市場普遍的銷售增長預期,且於三分二的財季中表現優於市場預期,相信估值下降和基本面改善之間的差異,對投資者而言是一個機會。
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