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"Explosive earnings and stock growth are ahead for banking".
Their lofty valuation came from explosive earnings from two games: Clash of Clans and Hay Day.
In May, Bove said that the combination of more traditional banking operations with the economic recovery will lead to explosive earnings growth and unusually strong stock price performance.
In fact, he has predicted that explosive earnings, growth and unusually strong stock price performance from the beleaguered banking industry lie ahead.
More importantly, the firms incremental operating margin is running north of 40%, portending explosive earnings growth over the next two years.
"They continue to make small acquisitions, and when things do turn, you will see explosive earnings growth as their revenues grow.
Similar(52)
"Earnings were explosive.
The consequence is explosive increases in the price-earnings ratios of technology stocks and the market as a whole.
After more than a year of feasting on stellar sales and earnings growth and an explosive runup in the company's stock price, investors ran for the exits in droves today on news that Motorola's second-quarter and full-year earnings would come in below analysts' expectations.
The company continued to grow its balance sheet from top to bottom: Revenues rose 39% from the corresponding quarter last year, while earnings grew by an explosive 60%.
While these have decent earnings growth rates, they are hardly explosive.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com