According to Gary Black, there is a buying opportunity in big tech stocks that have been impacted by high 2026 capex forecasts. He argues that early-year capex projections often shrink over time, capex expenses are amortized over several years, and tech CEOs may reassess ROI expectations, leading to reduced future spending. Stocks like Google (GOOG) and Meta (META) currently present compelling valuations based on their projected P/E ratios and EPS growth.

According to @QCompounding, growth in owner’s earnings equals EPS growth plus dividend yield, and Apple AAPL’s example uses 11.3% EPS growth and a 0.4% dividend yield to imply 11.7% owner’s earnings growth (source: @QCompounding). For equity traders, this provides a quick total return proxy to benchmark required return, inform fair P E assumptions, and screen for names where EPS acceleration or dividend hikes can lift expected shareholder yield (source: @QCompounding). The source does not mention cryptocurrencies and cites no direct crypto market impact, so this is an equity-focused valuation framework without stated crypto linkage (source: @QCompounding).

According to @QCompounding, traders should target companies where EPS is growing while valuation multiples are expanding, capturing both fundamental earnings growth and valuation re-rating as dual return drivers. Source: @QCompounding on Twitter, Jan 5, 2026. Implementation focuses on screening for positive EPS estimate revisions and increases in forward P/E or EV/EBIT multiples relative to sector benchmarks. Source: Investopedia definitions of EPS and valuation multiples.