FICO Credit Scores

Posted on | by Leon Hinde | Leave a Comment on FICO Credit Scores

FICO credit scores have steadily improved for a decade, but increases in missed borrower payments and rising consumer debt levels are starting to take a toll.

The national average credit score, which has steadily increased over the last decade, fell to 717 from a high of 718 in the beginning of 2023, according to a report from FICO, developer of one of the scores most widely used by lenders. FICO scores range between 300 and 850.

A good score is generally above 670, an excellent score is over 740, and anything above 800 is considered exceptional.

The downturn in FICO scores requires ongoing monitoring.

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Magnificent 7

Posted on | by Leon Hinde | Leave a Comment on Magnificent 7

In Q4 2023, the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an underperforming 11%.

  • Tesla Q4: -47%
  • Apple Q4: +11%
  • Google Q4: +27%
  • Microsoft Q4: +33%
  • Meta Platforms Q4:+41%
  • Amazon Q4: +388%
  • Nvidia Q4: +980%

Apple and Google are under recent algo engine buy signals, and we’re now building exposure within the identified value ranges.

Comcast

Posted on | by Leon Hinde | Leave a Comment on Comcast

CMCSA:NAS is under Algo Engine buy conditions, and at 10x earnings, the valuation is not demanding.

Peacock revenue increased by 57%, surpassing $1B in quarterly revenue for the first time; Peacock paid subscribers increased nearly 50% year over year to 31M.

Full Year 2023:Total Return of Capital of $15.8B

  • $11.0B in share repurchases
  • $4.8B in dividends