Goldman or Apple: Which Will Hit $200 First?

Apple (AAPL) and Goldman Sachs (GS) are two of the most easily identifiable winners of the current bull market, and it's amazing how closely they have tracked each other over the last six months. We don't know how many people have told us that they wished they got in on either Apple or Goldman when they were both down at $90, but we definitely can't count the number on both hands.

As shown in the chart below, the two stocks have pretty much moved in lockstep with each other, and they're currently both trading right around $180. Now the question is whether they will get to $200 before experiencing a correction, and which one will do it first.

click to enlarge

Comments

[Uruz1:]

I'm going with AAPL -- not just because I own it, but because its P/E ratio is 3/4 of GS's and will likely drop considerably more if the new accounting rule for subscription accounting is adopted.

Sep 17 09:50 AM

[WD216:]

When is see an article like this I know it's time to sell everything.

Sep 17 09:56 AM

[DollarSignz:]

Another article about nothing.

Sep 17 10:41 AM

[Sol Rosenberg:]

If GS hits $200 that would make the dividend yield 0.7%. Sorry but GS is essentially a glorified hedge fund and the common stock gets to feed on the scraps that are left over after everyone else gets paid. And in GS's case there are a whole lot of everyone elses. You really think GS is interested in growing the dividend when instead they can grow the employee bonus pool?

Sep 17 12:10 PM

[Anthony B:]

I like how the accounting change doesn't change anything, but everyone's playing into it. Therefore, I'm playing it.

The only change is that all the positive press Apple will get from it, might translate into more sales as the Apple growth story is truly recognized in its earnings.

Sep 17 01:20 PM

[Anthony B:]

The FASB accounting rule meeting is expected to take place on Nov 18th, November options expire Nov 19th...perfect.

Sep 17 02:36 PM

[TMFNickP:]

This article is about nothing but a consistently rising chart is also never a reason to sell everything. Right now apple has the following markets by the balls: new home pc buyers, laptops, networking devices, smart phones, Att and mp3 players. And at least for now, their products are so good people are just going to keep buying them. When to really sell apple... Remember when Dell was awesome, but then they just became another cheap product whore whose aim shifted to shoving as many units out the door as possible? If steve jobs let's apple become that, sell.

Sep 17 05:56 PM

[enzos:]

@TMFNick.. that would require a brain transplant to go with the new liver.

Sep 18 08:57 AM

[Warnin4U:]

Goldman will hit $200 first simply because they create nothing and have the ability to steal from everyone. These SOBs invented the financial instruments that came close to bankrupting the world. Apple is an honest company. They actually produce a product, they deal in consumer satisfaction and deliver great products.

Sep 18 09:36 AM

[brewer:]

Options change makes it easy for the clueless to see what they have been actively ignoring.

Sep 18 01:49 PM

[Anthony B:]

Correction: November options expire the 20th

Sep 18 09:33 PM