AMD(US:AMD) Zacks Investment Research·2025-11-19 14:12Earnings Performance & Expectations - AMD's earnings have consistently surpassed expectations for the past five years, with analysts projecting an 18.7% increase in 2025 and a significant 54% jump thereafter [3][4] - McDonald's has a strong earnings surprise track record, but earnings growth is expected to be slower, with 5.1% in 2025 and 8.4% in 2026 [6][7] - Qualcomm demonstrates a great earning surprise track record, with earnings expected to increase by 16.3% in 2025, but no growth is expected in 2026 [9][10] - Ralph Lauren exhibits a strong earnings track record, with analysts anticipating a 21.6% increase this year, followed by 9% in 2026 [13][15] - Ino Data, a small-cap AI play, has shown four consecutive big beats, but earnings are expected to be down 12.4% this year, followed by a significant gain of 39.7% in 2026 [17][18] Valuation & Market Sentiment - AMD's stock is trading at 65 times earnings, with investors seemingly unconcerned about valuations in the AI sector for now [4][5] - McDonald's is trading at a PE of 24 times, which is considered fairly expensive for its single-digit earnings growth [8] - Qualcomm is trading at a PE of 15 times, considered cheap for a tech AI play [12] - Ralph Lauren is trading at 21.3 times forward earnings, which is not super stretched if it achieves its projected earnings growth [16] - Ino Data has a high PE of 96 times following a recent breakout [18] Key Factors & Challenges - Tariffs are a significant issue for retailers like Ralph Lauren, impacting sourcing and pricing strategies [13][14] - McDonald's is facing investor concerns about its ability to execute, particularly regarding the effectiveness of its value menu [8] - Qualcomm's potential for earnings growth is tied to its new rack scale performance and memory capacity for data center AIs [11] - The consumer's willingness to absorb price increases due to tariffs is a key concern for retailers [14]