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Apple's (AAPL) out and AIG's in at the top of Goldman's VIP list - 50 stocks appearing as top...

Apple's (AAPL) out and AIG's in at the top of Goldman's VIP list - 50 stocks appearing as top holdings at hedge funds. 117 funds own the insurer, with 80 counting it as a top 10 holding. Apple is a top holding in 67 funds, down from 109 in Q4. Also slipping ahead of Apple is the next putative $1,000 stock, Google.
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Comments (12)
  • wigit5
    , contributor
    Comments (4233) | Send Message
     
    I wonder if Apple will ever see $500/share again... seems so sad that the once darling of the stock market was trashed so quickly...

     

    guess that is life
    21 Feb 2013, 09:58 AM Reply Like
  • strozzi
    , contributor
    Comments (103) | Send Message
     
    No, it's not life. It's Wall Street.
    21 Feb 2013, 10:59 AM Reply Like
  • bmwr1200c
    , contributor
    Comments (254) | Send Message
     
    This is what legendary Peter Lynch defined as Oxymoron on Wallstreets. Because they have to track the fund performance month by month and one guys does not want to look bad compared to the other guy. Nothing to do with fundamentals.
    If apple does a stock split then these same morons would board the train. Thats Wallstreet I guess

     

    Good thing happening in all this is Speculators are leave the boat and as usual value Investors are sticking in.
    21 Feb 2013, 11:07 AM Reply Like
  • horns72
    , contributor
    Comments (2) | Send Message
     
    I think the jury is "in" that Tim is no Steve ... we'll see ...
    21 Feb 2013, 02:04 PM Reply Like
  • goofydon
    , contributor
    Comments (233) | Send Message
     
    I am not one of the company owners that feels that Apple should drop everything it does well and concentrate on the stock holders. However, I do feel that Apple needs to continue to do what it does best (create world-class technology), AND they need to "start" caring about what happens to us company owners.

     

    A great technology company not only continues to innovate and create world-class technology products, but also manages their finances appropriately and implements actions that are good for the owners of the company. Apple does the former very well but does a miserable job at the latter.

     

    Apple needs to consider some better company financial management including a stock split, a significant increase in stock buy-backs (especially when the stock price is clearly under-valued as it is today), and an increase in the dividends commensurate with the increase of the cash equivalents on the balance sheet.
    21 Feb 2013, 10:40 AM Reply Like
  • nfultz1
    , contributor
    Comments (74) | Send Message
     
    Actually, financial management has more to do with earnings, cash flow and return on investments (equity and assets) I think the only thing you could really fault management with financially is a poor return on cash. They have excelled at the first two.

     

    It's the board of directors responsibility to determine stock splits, dividends and buy backs. Those are all tools to manage the value for investors and have little to do with the running of the company day to day.
    21 Feb 2013, 11:25 AM Reply Like
  • Robert McDonald
    , contributor
    Comments (1299) | Send Message
     
    If you look at how they have used cash to lock in and improve the supply chain, the ROI has been off the charts. Ditto on R&D and build out of their cloud capacity.
    21 Feb 2013, 01:37 PM Reply Like
  • wiesje
    , contributor
    Comments (2728) | Send Message
     
    Apple, the stock is getting cleaner, time to cover shorts.
    21 Feb 2013, 10:58 AM Reply Like
  • rperson
    , contributor
    Comments (367) | Send Message
     
    Baseless narratives and major short bets go hand in hand when it comes to Apple. The bigger the short the louder the shout, as they say. I realize that stock splits are mostly psychological in their value. But in Apple's case it would eviscerate the short sellers. I hope to hell they announce a split and a substantial dividend increase. Soon after, announce Apple TV and iWatch. Would just love to watch the shorts get theirs for a change.
    21 Feb 2013, 11:15 AM Reply Like
  • Sterling11
    , contributor
    Comments (33) | Send Message
     
    Plle should buy CNBC
    21 Feb 2013, 11:46 AM Reply Like
  • John1138
    , contributor
    Comments (161) | Send Message
     
    Maybe APPLE needs to be bailed out by the taxpayers like AIG was?

     

    Interesting lesson.
    21 Feb 2013, 12:11 PM Reply Like
  • Sterling11
    , contributor
    Comments (33) | Send Message
     
    Oops Apple
    21 Feb 2013, 02:03 PM Reply Like
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