STORY: Citing Alphabet’s Google and Elon Musk’s Tesla as examples, Brown said that “to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you’d want to see higher earnings growth on top of good margins as well.”
The second-quarter earnings season will pick up the pace this week, with results due from big names like Alphabet, Tesla, and Intel, broadening out the picture they provide of the health of corporate America.
