Author Topic: Apple second best performing S&P stock past 8 years  (Read 1520 times)

Offline krissel

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Apple second best performing S&P stock past 8 years
« on: November 05, 2008, 03:47:44 AM »
Despite the down market...and 6th best past 4 years.

http://seekingalpha.com/article/103933-bes...rs?source=yahoo


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Offline sandbox

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Apple second best performing S&P stock past 8 years
« Reply #1 on: November 05, 2008, 04:21:54 AM »
well yah, but.....it lost half it's value in the past year..... let's look at it this way.

You've had a great car for 7 years, never cost you a nickel to fix but in the past year you've spent half as much as the purchase price to keep it running. Was it worth keeping the past year? Knowing then what you know now would you have looked at another car?

The next few years may not be as bright since the global economy is about to get real and stop spending money that hasn't been earned. Under those circumstances do you project that Apple's stock will increase or decrease? Where do you think the best return will be in a global economic turn down? Can Apple compete with Windows or Linux when basics are the only requirement? Apple is buying back their shares to raise the price of poker, that may help you in the short term but if you stay long term....(4 more years) where do you see your stock value as compared to say Southwestern energy?

Offline krissel

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Apple second best performing S&P stock past 8 years
« Reply #2 on: November 05, 2008, 05:07:19 AM »
No, actually I haven't spent a thing.  

My house is also worth less but I'm not selling it just because I might be able to buy something else that would appreciate faster.
Yeah, it's not quite the same but as I said in a previous thread, hindsight is always 20/20.  wink.gif

Where did you hear that Apple was buying back shares? huh.gif


As to Southwestern energy...well, if they were only natural gas, maybe, but oil...not so sure...

http://money.cnn.com/news/newsfeeds/articl...43_FORTUNE5.htm
« Last Edit: November 05, 2008, 05:10:46 AM by krissel »


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Offline Gregg

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Apple second best performing S&P stock past 8 years
« Reply #3 on: November 05, 2008, 08:20:04 AM »
No. 2, but they try harder.

Apparently it worked for Avis. I read something not too long ago about Enterprise overtaking Hertz for second place, although it didn't say who was No. 1 (It might be Enterprise now)
Ya gotta applaud those bunnies for sacrificing their hearing just so some guy in Cupertino can have better TV reception.

Offline sandbox

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Apple second best performing S&P stock past 8 years
« Reply #4 on: November 06, 2008, 01:28:18 AM »
Housing is not an investment per say. A second house or income property would be closer to the issue.
Housing generally keeps up with inflation, 2-3% per year maybe a 1/2 of a % point ahead of the curve.

It's perspective i suppose.

I don't remember off hand where I saw a buy back plan but the speculation of it has raised the price 4% in the past week. here's an argument for doing so. http://seekingalpha.com/article/102781-is-...ack-some-shares

I used Southwestern Energy as an example, it beat Apple in the past 4 years and the trends for domestic blends will depend on the next administration. I liked apple when it was on the move, but it's retail and specialized which doesn't work all the time. It grows in spurts, the trick is to catch it in the spring. ;-)