We joined TD Ameritrade Network’s Oliver Renick on Morning Trade Live on Wednesday July 28 to discuss:
- how unusual gains enable Alphabet (GOOGL), Amazon (AMZN), and PayPal (PYPL) to overstate EPS by 10-38%
- 47% of S&P 500 companies overstate EPS by more than 10%
- how to protect your portfolio from overstated earnings.
This article originally published on July 28, 2021.
Disclosure: David Trainer, Kyle Guske II, Alex Sword, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.