Seeking Alpha

Bill L.

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  • Is Apple the Perfect Growth Stock? [View article]
    To quote the incredible Mark Minervinni, "Beware of the well-known companies that everyone regards as “official growth stocks.” These institutional favorites generally have already experienced their best earnings growth and are too obvious once they are officially termed growth stocks."

    Recently Fast Company ran the cover story, "The Invincible Apple." Try and find a sell side analyst with a sell recommendation on Apple. It is one of the most widely owned stocks by both retail and institutional investors and a HFT favorite. Everything about Apple screams top.

    I'm not getting in front of this train on the short side, but the "good" earnings are really hiding huge risks; the intense emotional bullish focus on the stock. This is the dominant feeling when a stock tops.
    Jul 20 05:08 PM | 2 Likes Like |Link to Comment
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