Next update on stocks
At his time S&P500 (SPY) is trading at $518 with PE close to 28. It has increased by 10% from Jan 1 2024 to Apr 2024. And from Oct 2023, it has increased by 18%. That is a nice run in 6 short months.
AAPL has been flat for almost a year, trading at $169. Main contributor to current run is NVDA. It was trading at $227 last year and in Apr 2024, it is trading at $880.It has market cap of $2.2trillion, compare that to GOOG which has market of cap of $1.9trillion.
Few interesting stocks at this point:
SBUX, PE of 20, 3% dividend, trading at $73. Profit dec 14% in recent quarter.
LULU PE of 29, trading at $355