Wednesday, September 09, 2015

The New Stock Titan of 2015 Isn't Apple - Bloomberg Business

Invest different

"Last year, failing to own Apple Inc. was the most painful mistake a U.S. equity fund manager could have made. This year, that distinction goes to Amazon.com Inc.
Up 67 percent in 2015, the online retailer has contributed the most to mitigating losses in the Standard & Poor’s 500 Index this year. Amazon’s ascent has been aided not just by Apple’s misfortunes, but by its perceived haven status at a time when investors want nothing to do with emerging markets. The company, which gets 57 percent of its revenue from North America, is less exposed to global growth than its peers."
The New Stock Titan of 2015 Isn't Apple - Bloomberg Business
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