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George Noble draws attention to the strong performance of Steven Cress's Alpha Picks at Seeking Alpha. The strategy is up 393 percent since July 2022, compared with a 95 percent return from the S&P 500 over the same period.
Noble also highlights that the figures are independently calculated by S&P Global and emphasize the comparative outperformance against the broader index.
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Noble has previously highlighted sector valuations, noting that Tesla is valued at 13 times revenue despite negative free cash flow. In a separate note, he pointed out that U.S. debt issuance stands at 7% of GDP with economic growth at 2%. These observations follow ongoing commentary on market trends and financial metrics.