From the Wall St Journal: Apple’s meteoric rise and subsequent sticker shock makes it tough for some smaller growth-oriented funds to own it (not to mention retail investors). Not to worry, says Thomas Lee, chief equity strategist at J.P. Morgan Chase: Just go generic.
The firm has pulled together a group of companies it thinks could be “the next Apple,” based on financial measures such as potential for growth, and harder-to-pin criteria like reputational excellence and consumer loyalty. “The stocks are arguably Apple at different stages,” Lee says in a research note this morning.
The two companies that came in closest overall to being the next Apple, or perhaps just Apple Lite, are ….
Read all about it at http://blogs.wsj.com/marketbeat/2012/04/05/apple-shares-too-expensive-try-apple-lite
No comments:
Post a Comment