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Ultimate Stocks Portfolio: tech titan takes a hit and other news

27/10/2023

US

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Results season has brought impressive results from constituents of our Ultimate Stocks portfolio covered here. However, with the stock market in a fragile state, that didn’t stop the shares of one registering its biggest one-day fall in a long time. Read on here for our assessment of the latest results from our high quality companies. (Premium)


Results from several constituents of our Ultimate stocks portfolio covered here were extremely impressive and ahead of consensus estimates, so it will be a puzzle to some why the share price of one in particular fell so much on the day.

Unfortunately, one aspect of its numbers (from the smallest, but fastest growing part of its business) was less than anticipated by a demanding stock market. We like to ignore the market noise and focus on…

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