Rate Of Return$VG S&P 500(VOO.US)
The Vanguard S&P 500 ETF (VOO) is oscillating around the $688–$695 channel as Q2 earnings season continues to significantly outpace expectations. Over 60% of constituent companies have reported, delivering a massive 57% corporate profit growth rate year-over-year. Crucially, with 86% of firms beating bottom-line estimates across all 11 sectors, the market is experiencing healthy forward multiple compression pulling the S&P 500’s forward P/E down to 19.7x.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
