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cehull

cehull
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  • The selloff in Apple (AAPL) has reached the point of "insanely insane," says Topeka's Brain White, arguably the Street's biggest bull on the stock. Uber-bull or not, maybe he's got a point. Those selling Apple at a sub-10 PE while holding onto or buying Company X - with no earnings growth, selling at a 20 PE, but yielding 5% - may look back one day and wonder what they were thinking. [View news story]
    Many good points, but how much of current sell off is driven by investors trying to lock in profit in anticipation of increasing cap gains tax rate in 2013? Is the expectation of increasing tax rate creating a perfect storm with soft fundamentals resulting in a buying opportunity?
    Nov 19, 2012. 09:09 AM | 1 Like Like |Link to Comment
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