Technology names continue to dominate Goldman Sachs’ Hedge Fund Very Important Position list, with the top five stocks owned by hedge funds unchanged at the end of December from three months earlier, according to a Goldman report released this week.
Apple Inc. is still the No. 1 favorite with fund managers, followed by Google Inc. , Microsoft MSFT -0.10%, J.P. Morgan Chase JPM and Qualcomm QCOM -0.22%.
http://blogs.marketwatch.com/thetell/2012/02/24/apple-microsoft-top-hedge-fund-favorites-list/
Apple Inc. is still the No. 1 favorite with fund managers, followed by Google Inc. , Microsoft MSFT -0.10%, J.P. Morgan Chase JPM and Qualcomm QCOM -0.22%.
http://blogs.marketwatch.com/thetell/2012/02/24/apple-microsoft-top-hedge-fund-favorites-list/
I own 3SBio. Its a great stock and I intend to hold for the long term.
ReplyDeleteUnfortunately for those of you investing in stocks like Mcdonald's and Yum brands Apple computer that do lots of their business in china you can expect only mediocre investment returns over time. The really great returns in these type of stocks were made decades ago when they were small unknow companies unlike today. I have a blog where I conduct research on penny stocks and stocks below five dollars .Did you know that the shares of apple computer traded below 5 dollars a share in 1998 surprise suprise suprise yes they traded at only 4.50 cents a share in 1998 now apple computers shares trade at over 500 dollars a share hows that for a stock rallly. Now you might say oh well thats just a fluke Right. Wrong. Did you know that the shares of Laboratory Corporation of America also traded below five dollars in 1998. The stock traded at just 3.00 dollars a share in 1998 today the shares of Laboratory Corporation of America are trading at 90.00 a share. Did you know that Petsmart shares traded at just 2.00 dollars a share in the year 2000. Today their trading at 58.00 a share. The shares of Tractor Supply Traded at Are you ready 1.30 in october of 2000 Yes thats one dollar and thirty cents a share in october of 2000. Today the the shares of tractor supply are trading at are you sitting down 87 dollars a share.
ReplyDeleteThese stocks are just a good few examples theirs dozens of other stocks that once traded under five dollars a share that have seen enormous increases in the price of their shares but theirs not nearly enough time or space to list them all here. Now who still believes that all stocks trading below five dollars are bad investments.
Interesting post on apple
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