AAPL is relatively inexpensive. If I had pistol pointed at my head, I'd go long AAPL. ;) Since I don't, I will look for better price. If AAPL can continue growing at current pace, the stock will smash everything. But their past growth is parabolic and it just can't continue at the same pace. AAPL is a HUGE company by now and you just can't go x4 on 320B market cap. So assume you get x2 from here (tremble XOM, who needs oil, when they can get iPad!!! :))) and even that is far from certain.
AMZN - is ridiculously overpriced. I probably wouldn't buy it even with pistol pointed at my head. ;) (Well, I would, I am a coward ;)). The risk with Amazon is that its stock can do AAPL much more than AAPL itself. It's 93B market cap now, so it could do x4.
I think that AAPL long and AMZN short should work, but I won't do it myself. ;) How about AAPL long and NOK short? Oh, two-three years too late. ;) (Maybe AAPL long - RIMM short, but RIMM is cheapish , so it might not work either) |
