Hello Freeus....You have just bought into one of the new premier growth companies of the next decade (actually, much longer).....
AOL became an IPO only 6 years ago...If you look at a chart you will see AOL doing what DELL did in the beginning of it's hyper-growth phase...DELL started out with a fairly flat trajectory for the first few years after it IPOed, then along about the 5 year or so the growth of the company, and it's stock price, took a right angle upward and took off like a rocket....AOL took that same right angle last year after about their 5th year after IPO...In fact, if you look at a 52 week chart you will see, for the first time, AOL outperformed DELL, a feat not many stocks have done.....
I would look for AOL to hyper-grow it's company, earnings and stock price even more so now...I'm actually looking for 2 more splits next year, or within 18 months, anyway...That will be just for starters...In the next 5 years I think you will see at LEAST 4 splits.
One other thing that's interesting, you may have already discovered, is the high percentage of analysts' Strong Buys...24 Strong Buys, 7 Buys, 0 Holds....That's the 5th (or 6th) highest concensus rating of ALL stocks traded, where 5 or more analysts follow a company, on the NYSE, NASDAQ, or AMEX exchanges....And yes, that's a higher concensus percentage than DELL, MSFT, CSCO, GE and thousands of other well-known, and not so well-known companies.
AOL is definately a company that 5-10 years down the road people will be saying "I wish I would have bought that company (AOL) when it was in the early stages of hyper-growth, back in 1998.
Regards, George |
