Blowout earnings were not enough to keep Goldman Sachs green as while everything looked ‘awesome’ before the bell, when Goldman’s CFO Martin Chavez told investors on the call that there will be no share repurchases in Q2, he spoiled the party…
Investors seemed not to like that news…
And so it is clear that while “earnings matter,” “buybacks matter moar!”
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The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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