“If you want to invest in stocks, we have two words of advice: Go global,” Kathy Kristof and David Milstead write for Kiplinger. “With the U.S. accounting for just 22% of the world’s economic activity, it’s hard to justify owning only domestic stocks. In that vein, we’ve identified 10 great stocks from around the world. In compiling the list, we started with a few simple requirements. First, the stocks had to trade in the U.S. (that’s not always the case for foreign companies).”
“Next, we wanted companies with superior profit-growth prospects,” Kristof and Milstead write. “We also wanted stocks that are on an upward trajectory; each of the U.S. stocks had to have beaten Standard & Poor’s 500-stock index over the past five years, and each of the foreign stocks had to have outpaced the MSCI EAFE index. Finally, although we recognize that great companies never come cheap, we made sure our picks did not trade at sky-high valuations.”
“It should come as little surprise that Apple, the world’s most valuable company, makes the list,” Kristof and Milstead write. “Earnings are expected to soar nearly 40% in the fiscal year that ends in September, which is shocking growth for a company with a market capitalization of $741 billion. Meanwhile, Apple is rewarding shareholders by boosting dividends and buying back shares.”
Read more in the full article here.
MacDailyNews Take: AAPL is a great stock to own – and trade, if you can stomach the rollercoaster.
Rope in the last round of dopes, buy buy buy: AAPL AMZN, GOOG,NFLX, BABA. Ignore messages from the dowdy, dirty commodities, those old “extraction” economy relics. We’re a new economy runnin’ on sunshine and unicorn farts – f0rward!
Yes💥
I live in the UK and own a lot of AAPL. One of the things to bear in mind when buying a stock that is not based in your own country is that currency fluctuations add another variable to what might be an already highly volatile investment.
Sometimes it works very much in your favour and other times the stock can do well, but the change in exchange rates can wipe out any increase or vice versa. The worst case scenario is when the stock takes a dive and the exchange rate also works against you. I’m not saying that you shouldn’t do it, but you do need to understand how this extra variable is going to complicate matters.
Apple needs to devote more of the shareholder return fund to dividends, to promote more long term investment and lessen the influence of manipulators. Pump it up to 3% or 4%.
yep.
Each of those shares I bought pre-OS X has transmogrified through splits to 28 shares. I can’t stop smiling whenever I think of that…