Opening Statement from the December 2017 Intelligent Investor (Part 1) 

Opening Statement from the December 2017 Intelligent Investor (Part 1) 

Originally published on December 7, 2017 (Pre-market Release)



With just about every S&P 500 firm having reported Q3 financial results, earnings and sales growth have come in quite strong as expected. Even our own estimates of an upper-middle single-digit year-over-year Q3 earnings growth rate were exceeded at 8.4%. 

As we move into Q4 earnings season we see several signs of

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