re: Trump Tax Windfall Going to Capex Way Faster Than Stock Buyback, largest capex in 7 years

I have no doubt that some of that money is going to capex, but is percentage growth really the important statistic here as opposed to total expenditure? If you werent spending shite on capex to begin with then a 39% increase of not shite isnt shite. Apple for example is using 100B of 252B on stock buybacks. Likewise, if buyback expenditures already dwarfed capex this would also skew the point here.

Either way, happy to see companies boosting capex.