Investing in extreme times Jan 3rd
Is this a good time to buy a home in Canada? + MORE Sep 11th
Canadian banks tighten expenses amid shifts in sector, slower growth + MORE Oct 12th
June home sales fall 6.7%; Toronto sees third monthly decline + MORE Jul 17th
Air Canada stock falls 12% after it posts record earnings + MORE Feb 17th
90 days – 1.60%
– ratesupermarket.ca
120 days – 1.70%
– ratesupermarket.ca
New Trade: Long Apple ($AAPL) & Short Rackspace Hosting ($RAX)
– IntelligentSpeculator.net
Ahhh the nerves are back!! That first trade of the new year is always one that makes me nervous. I’d certainly like to start things off on the right foot so I’m going with a trade that I’m very confident about. Frequent visitors of this blog will likely be able to guess what stock I’m going long here:)As will be the case all year, my long & short stock picks will be available to see in my live spreadsheet:
http://www.intelligentspeculator.net/livetrades
Long Priceline (PCLN) & Short AOL (AOL) currently stands at +31,97% and will be closed on today’s opening.
Today I’m trading two tech stocks that do seem to have little in common. The similarity though is that even though they are growing at fairly comparable rates in terms of revenues and earnings per share, their valuation seems to be worlds apart. The short story is:
Apple is making 19 times more revenues/share, 51 times more earnings per share but is only trading 15x higher.
You can see the numbers for both companies here:
TickerNamePriceEPSPE RatioPE Next YearSales GrowthAnalyst ratingBook ValueBetaRevenue/ShareSales 5Y Avg GrowthEPS 5Y Avg Growth
AAPLApple Inc543…
5.5 year – 2.35%
– ratesupermarket.ca
60 days – 1.55%
– ratesupermarket.ca


