the next two quarters WS expects EPS growth for Q4 9% and 9% Q1 '25. With revenue growth in the single digits. The bar is set low for a company that is moving into a "super cycle"and trades at a 32x forward multiple. So it's more of Wall Street talking about a super cycle as their base case but isn't forecasting that in their EPS expectations. This is why being short is so hard. Your betting against an entire group of people that it's their business to make sure stocks go higher. The "better than expectations" has nothing to do with a fundamental valuation, merely a movable target by WS. The odds are always stacked against you, and you have to know that whenever you trade on the short side.
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