April 19, 2017: Abbott Laboratories reports Q1 EPS of $0.48 versus the $0.43 estimate. Revenue also beat coming in at $6.34 billion versus the $6.11 billion estimate.
The CEO Miles D. White said, “Our first quarter results reflect a strong start to the year. The integration of St. Jude is going well and recently (Read More….)
Franklin Financial Network provides various banking and related financial services to small businesses, corporate entities, local governments, and individuals.
Franklin Financial Stock Chart
Chart Comments: Testing previous resistance at around $38. Inverted hammer with long upper shadow is bearish and may indicate a pullback is coming. Wait for close above $38 before long entry. (Read More….)
Warren Buffett’s favorite measure of market valuation is to compare total stock market capitalization to GDP. Warren Buffett said back in 2001 in a Fortune Magazine interview, “it is probably the best single measure of where valuations stand at any given moment.”
Below is a ratio chart of stock market capitalization to GDP with the (Read More….)