Very recently there have been several earnings reports coming out. Earnings reports can often have a short-term impact on the price of the stock, especially in the short run. One of the sectors that has really been hit hard recently has been the health care sector, specifically Elevance and United Health Care had earnings announcements and they were somewhat negative. These are two really favorable consistent companies that have had their stock prices reacting to earnings announcements. Then there was a positive earnings announcement that came out on Taiwan Semiconductor.
One of the interesting things that Chuck Carnevale, Co-Founder of FAST Graphs, a.k.a. Mr. Valuation thought would be good to share with you all, is to ask Professor Nathan Mauck to give his input and take on what he thinks about earnings announcements and how they affect stock prices and how to think about it both from a short-term point of view as well as a long-term point of view.
In this video, Professor Nathan Mauck will go over Elevance Health (ELV), UnitedHealth Group (UNH) and Taiwan Semiconductor (TSM).
Caution is in order, but Chuck Carnevale believes there is some really good investment opportunities here if you are a long-term investor like he is.
FAST Graphs Analyze Out Loud Video on Elevance Health (ELV), UnitedHealth Group (UNH) and Taiwan Semiconductor (TSM)
Disclosure: Long ELV and TSM
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.
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