S&P 500 earnings are estimated to have a strong recovery going into 2017 – P/E may not be excessive

S&P 500 earnings are expected to show strong recovery in 4Q16 and 2017.  YoY earnings growth is estimated to be up !14% in 3Q just finished and up ~35% in 4Q over 2015.  Current 2017 earnings are estimated to be up nearly 20% over 2016.  82% of the S&P 500 companies have that reported so far have beaten estimates – its a small sample so far but encouraging.  The forward looking charts show a sharp recovery in earnings going out to year end 2017.  The market has lifted sharply in the past when the earnings growth shows such a recovery.   Jeb B Terry, Sr. Oct. 17, 2016


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Aberdeen Investment Management – a guide service for micro-cap technology investment – Manager of NexTech Medical Investments

Diabetes is an epidemic – we will need lots of medical technology to diagnose and treat millions of patients

There are an estimated 30 million people in the U.S that are afflicted – nearly 1 in every 10 people have the disease.  Think of that when you are in an airport or shopping mall.  That number is expected to continue to grow by ~500k per year.  Of those afflicted today, 8.5 million people are estimated to be afflicted but undiagnosed. There will be billions of dollars spent on better ways to diagnose and treat the disease.  We are continuously looking for novel technologies to help drive down the cost of detection and treatment.   Jeb B Terry, Sr. Oct. 17, 2016

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Aberdeen Investment Management – a guide service for micro-cap technology investment – Manager of NexTech Medical Investments

 

Lots of 30 year olds – signals sustained eco growth ahead

Demographics don’t lie.  Baby Boomers turning 30 drove the growth in consumer spending and bull market in the 80’s.  Millennials turning 30 will likely drive sustained spending for the next decade.  30 somethings have more children, become more productive, earn more money and act more like adults.  Millennials are the most educated generation to ever walk the planet.  They are not just tech savvy but are demanding tech users.  The following chart courtesy for Canaccord Genuity is an excellent illustration of the sharp acceleration in the number of 30 year olds we can expect starting now.    Jeb B Terry, Sr. Oct. 17, 2016

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Aberdeen Investment Management – a guide service for micro-cap technology investment – Manager of NexTech Medical Investments