Another Quick Word On The Market’s Tech Addiction

Earlier this week, in "The 'Greatest Risk' To The 'GAMMA' Stocks," I mentioned SocGen's Albert Edwards in the course of briefly discussing the notion that America's tech titans might struggle to meet lofty sales growth expectations if the threat of regulatory action has a chilling effect on M&A. According to Goldman, the FAAMG contingent has announced just 20 acquisitions so far this year, nowhere near the 15-year average. If the giants can't grow through acquisitions, they’ll need organ

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2 thoughts on “Another Quick Word On The Market’s Tech Addiction”

I would take a larger percentage of a slower growing pie. Thank g for buybacks.

It’s interesting to look at total profits generated rather than earnings per share. Strip out buy-backs and the numbers are not so salubrious. Perhaps that’s why money is flowing to those who can buy back shares (beyond the natural dilution from stock options etc.)

Emptynester is right!