Performance Derby: S&P 500 Sectors & Industries STRG, STEG, & LTEG

Transcription

1 Performance Derby: S&P Sectors & Industries STRG, STEG, & LTEG September, 218 Dr. Ed Yardeni Joe Abbott Please visit our sites at www. blog. thinking outside the box

2 Table Of Contents Table Of Contents Table 1: Sorted on Forward Revenue Growth (%) 1 Table 2: Sorted on Forward Earnings Growth (%) 2 Table 3: Sorted on Long-Term Earnings Growth (%) 3 S&P Sectors STRG/STEG/LTEG 4-9 September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

3 Table 1: Sorted on Forward Revenue Growth (%) Table 1: Forecasted Growth Rate STRG / STEG / LTEG, Sorted on STRG-Forward Revenue Growth (Thursday data as of August 3, 218) S&P Industry STRG STEG LTEG Internet & Direct Marketing Retail Internet Software & Services Oil & Gas Drilling 17.1 NA NA Homebuilding Application Software Real Estate Services Publishing & Printing Trucking Fertilizers & Agricultural Chemicals Reinsurance Broadcasting Construction Materials Casinos & Gaming Agricultural & Farm Machinery Oil & Gas Exploration & Production Distributors Oil & Gas Equipment & Services Oil & Gas Refining & Marketing Construction & Farm Machinery Energy Sector Data Processing & Outsourced Services Speciality Stores Health Care Supplies Systems Software Integrated Oil & Gas Life Sciences Tools & Services Home Entertainment Software Managed Health Care Trading Companies & Distributors Industrial REITs NA Alternative Carriers Information Technology Sector Auto Parts & Equipment Footwear Construction & Engineering Property & Casualty Insurance Consumer Finance Oil & Gas Storage & Transportation Specialized REITs Air Freight & Couriers Health Care Technology Electronic Components Semiconductors Real Estate sector Human Resource & Employment Services Aerospace & Defense Industrial Gasses Electrical Components & Equipment Financial Exchanges & Data Health Care Equipment Distillers & Vintners Speciality Chemicals Investment Banking & Brokerage Consumer Discretionary Sector Home Furnishings Steel Industrials Sector S&P Diversified Support Services Diversified Chemicals Hotels Electronic Manufacturing Services Airlines Asset Management & Custody Banks Health Care Sector Building Products Regional Banks Telecommunications Services Sector Railroads Drug Retail Page 1 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG S&P Industry STRG STEG LTEG Apparel & Accessories Materials Sector Integrated Telecommunication Services Health Care Facilities Insurance Brokers Apparel Retail Automotive Retail Water Utilities Multi-Line Insurance Home Improvement Retail Communications Equipment Financials Sector Biotechnology General Merchandise Stores Hypermarkets & Super Centers Health Care Distributors Technology Hardware, Storage & Peripherals Office REITs NA Paper Packaging Commodity Chemicals Food Distributors Consumer Electronics Industrial Machinery Agricultural Products NA Multi-Sector Holdings NA Research & Consulting Services Diversified Banks Packaged Foods Movies & Entertainment Electronic Equipment & Instruments NA Consumer Staples Sector Residential REITs Retail REITs Pharmaceuticals Tobacco Health Care REITs NA Personal Products Environmental & Facilities Services Multi-Utilities Cable & Satellite Health Care Services Tires & Rubber NA Industrial Conglomerates Restaurants Life & Health Insurance Leisure Products Gold IT Consulting & Other Services Semiconductor Equipment Electric Utilities Utilities Sector Hotel & Resort REITs NA Soft Drinks Motorcycle Manufacturers Food Retail Computer & Electronics Retail Advertising Department Stores Household Products Metal & Glass Containers Automobile Manufacturers Brewers Household Appliances Specialized Consumer Services Independent Power Producers & Energy Tr Copper sub industry Housewares & Specialities www.

4 Table 2: Sorted on Forward Earnings Growth (%) Table 2: Forecasted Growth Rate STRG / STEG / LTEG, Sorted on STEG-Forward Earnings Growth (Thursday data as of August 3, 218) S&P Industry STRG STEG LTEG Leisure Products Oil & Gas Exploration & Production Reinsurance Internet & Direct Marketing Retail Oil & Gas Equipment & Services Fertilizers & Agricultural Chemicals Oil & Gas Refining & Marketing Energy Sector Multi-Line Insurance Construction & Engineering Integrated Oil & Gas Trucking Construction Materials Homebuilding Broadcasting Agricultural & Farm Machinery Application Software Independent Power Producers & Energy Tr Casinos & Gaming Construction & Farm Machinery Railroads Trading Companies & Distributors Property & Casualty Insurance Internet Software & Services Diversified Support Services Diversified Chemicals Data Processing & Outsourced Services Metal & Glass Containers Airlines Speciality Stores Paper Packaging Diversified Banks Aerospace & Defense Managed Health Care Consumer Finance Human Resource & Employment Services Multi-Sector Holdings NA Cable & Satellite Financials Sector Regional Banks Automotive Retail Home Improvement Retail Oil & Gas Storage & Transportation Health Care Facilities Hotels Specialized REITs Financial Exchanges & Data Industrials Sector Agricultural Products NA Consumer Discretionary Sector Investment Banking & Brokerage Communications Equipment Speciality Chemicals Home Entertainment Software Materials Sector S&P Air Freight & Couriers Technology Hardware, Storage & Peripherals Life Sciences Tools & Services Footwear Distributors Insurance Brokers Information Technology Sector Electrical Components & Equipment General Merchandise Stores Environmental & Facilities Services Apparel Retail Household Appliances Life & Health Insurance Food Distributors Page 2 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG S&P Industry STRG STEG LTEG Tires & Rubber NA Building Products Electronic Equipment & Instruments NA Auto Parts & Equipment Industrial Gasses Steel Health Care Equipment Industrial Machinery Asset Management & Custody Banks Electronic Components Distillers & Vintners Restaurants Apparel & Accessories Biotechnology Health Care Services Computer & Electronics Retail Health Care Sector Systems Software Health Care Technology Real Estate Services Tobacco Health Care Supplies Electronic Manufacturing Services Semiconductors Home Furnishings Water Utilities Movies & Entertainment Soft Drinks Gold Drug Retail Personal Products Integrated Telecommunication Services Telecommunications Services Sector Advertising Consumer Staples Sector Pharmaceuticals Industrial Conglomerates Health Care Distributors Consumer Electronics Food Retail Brewers Hypermarkets & Super Centers Household Products Utilities Sector Multi-Utilities IT Consulting & Other Services Packaged Foods Department Stores Electric Utilities Motorcycle Manufacturers Retail REITs Research & Consulting Services Commodity Chemicals Office REITs NA Semiconductor Equipment Real Estate sector Hotel & Resort REITs NA Automobile Manufacturers Alternative Carriers Housewares & Specialities Publishing & Printing Residential REITs Copper sub industry Health Care REITs NA Specialized Consumer Services Industrial REITs NA Oil & Gas Drilling 17.1 NA NA www.

5 Table 3: Sorted on Long-Term Earnings Growth (%) Table 3: Forecasted Growth Rate STRG / STEG / LTEG, Sorted on LTEG-LongTerm Earnings Growth (Thursday data as of August 3, 218) S&P Industry STRG STEG LTEG Oil & Gas Exploration & Production Energy Sector Oil & Gas Refining & Marketing Independent Power Producers & Energy Tr Internet & Direct Marketing Retail Reinsurance Oil & Gas Equipment & Services Integrated Oil & Gas Distributors Multi-Line Insurance Homebuilding Fertilizers & Agricultural Chemicals Agricultural & Farm Machinery Construction & Engineering Application Software Investment Banking & Brokerage Trucking Cable & Satellite Consumer Discretionary Sector Publishing & Printing Construction Materials Internet Software & Services Construction & Farm Machinery Oil & Gas Storage & Transportation Health Care Supplies Aerospace & Defense Railroads Data Processing & Outsourced Services Human Resource & Employment Services Paper Packaging Diversified Support Services Copper sub industry Semiconductor Equipment S&P Industrials Sector Home Improvement Retail Home Entertainment Software Broadcasting Financial Exchanges & Data Airlines Information Technology Sector Computer & Electronics Retail Managed Health Care Property & Casualty Insurance Hotels Speciality Stores Semiconductors Automotive Retail Automobile Manufacturers Industrial Machinery Life Sciences Tools & Services Environmental & Facilities Services Speciality Chemicals Electrical Components & Equipment Metal & Glass Containers Apparel & Accessories Financials Sector Real Estate Services Biotechnology Consumer Finance Regional Banks Air Freight & Couriers Trading Companies & Distributors Health Care Facilities Research & Consulting Services Steel Footwear Specialized REITs Food Distributors Materials Sector Page 3 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG S&P Industry STRG STEG LTEG Insurance Brokers Health Care Equipment Restaurants Auto Parts & Equipment Casinos & Gaming Asset Management & Custody Banks Health Care Sector Systems Software Technology Hardware, Storage & Peripherals Distillers & Vintners Communications Equipment Personal Products Real Estate sector Drug Retail General Merchandise Stores Industrial Gasses Building Products Movies & Entertainment Health Care Services Electronic Manufacturing Services Life & Health Insurance Apparel Retail Motorcycle Manufacturers Specialized Consumer Services Diversified Banks Health Care Technology Electronic Components Household Appliances Industrial Conglomerates IT Consulting & Other Services Tobacco Pharmaceuticals Soft Drinks Hypermarkets & Super Centers Consumer Staples Sector Water Utilities Commodity Chemicals Packaged Foods Retail REITs Diversified Chemicals Health Care Distributors Food Retail Brewers Multi-Utilities Department Stores Home Furnishings Utilities Sector Advertising Household Products Residential REITs Integrated Telecommunication Services Consumer Electronics Telecommunications Services Sector Electric Utilities Leisure Products Gold Housewares & Specialities Alternative Carriers Multi-Sector Holdings NA Agricultural Products NA Tires & Rubber NA Electronic Equipment & Instruments NA Office REITs NA Hotel & Resort REITs NA Health Care REITs NA Industrial REITs NA Oil & Gas Drilling 17.1 NA NA www.

6 3 3 2 Figure 1. S&P STRG, STEG, & LTEG S&P Sectors STRG/STEG/LTEG LTEG (16.) STEG (13.4) STRG (.9) / Figure 2. S&P CONSUMER DISCRETIONARY STRG, STEG, & LTEG STEG capped at % LTEG* (23.3) STEG* (13.8) STRG* (6.3) / Monthly data through 2, weekly thereafter. -1 Page 4 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

7 2 Figure 3. S&P Sectors STRG/STEG/LTEG S&P CONSUMER STAPLES STRG, STEG, & LTEG /3 LTEG* (8.2) STEG* (7.1) STRG* (3.4) Monthly data through 2, weekly thereafter. 1 7 Figure 4. S&P ENERGY STRG, STEG, & LTEG LTEG* (47.8) STEG* (38.) STRG* (9.2) STEG capped at 8% 1 7 8/ Monthly data through 2, weekly thereafter. - Page / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

8 4 3 Figure. S&P Sectors STRG/STEG/LTEG S&P FINANCIALS STRG, STEG, & LTEG STEG capped at 3% LTEG* (13.1) STEG* (1.9) STRG* (4.7) / Monthly data through 2, weekly thereafter. Figure 6. S&P HEALTH CARE STRG, STEG, & LTEG /3 LTEG* (11.) STEG* (1.) STRG* (.4) Monthly data through 2, weekly thereafter. Page 6 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

9 2 2 Figure 7. S&P Sectors STRG/STEG/LTEG S&P INDUSTRIALS STRG, STEG, & LTEG /3 1 1 LTEG* (1.9) STEG* (14.4) STRG* (6.) Monthly data through 2, weekly thereafter. Figure 8. S&P INFORMATION TECHNOLOGY STRG, STEG, & LTEG LTEG* (1.3) STEG* (12.4) STRG* (8.1) / Monthly data through 2, weekly thereafter. -1 Page 7 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

10 6 Figure 9. S&P Sectors STRG/STEG/LTEG S&P MATERIALS STRG, STEG, & LTEG STEG capped at % / LTEG* (11.9) STEG* (13.) STRG* (.1) Monthly data through 2, weekly thereafter Figure 1. S&P REAL ESTATE STRG, STEG, & LTEG LTEG* (11.1) STEG* (-2.9) STRG* (7.) / Monthly data through 2, weekly thereafter. - Page 8 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

11 Figure 11. S&P Sectors STRG/STEG/LTEG S&P TELECOMMUNICATIONS SERVICES STRG, STEG, & LTEG LTEG* (.1) STEG* (7.3) STRG* (.2) / Monthly data through 2, weekly thereafter. Figure 12. S&P UTILITIES STRG, STEG, & LTEG /3 - LTEG* (6.6) STEG* (.4) STRG* (1.8) Monthly data through 2, weekly thereafter. -1 Page 9 / September, 218 / Forecasted % Growth Rate: STRG/STEG/LTEG www.

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