The REAL Four Horsemen of the Global Economy…Make it Three… and The Stocktwits 50

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  • on August 5th, 2012

The Economy sucks.

Most of us are running harder to stand still for sure.

Italy, Spain, Greece, China and Russia are struggling

Despite the global economy woes, the ‘THREE horsemen’ are cranking away devouring market share and price appreciation.

$AMZN – The most underowned great stock of all time. Main street America and your mutual fund won’t own it because the stock performance mystifies them based on their financial performance. One day that will matter and Amazon always seems the most likely to fall from grace. Those that have just used the services and trusted Jeff have been rewarded. It’s not much more than that and sometimes that is all that matters. If I were not to own one of the horsemen, this would be it (but I do).

$AAPL – I have been shaken out of the stock recently, but I will probably own it again. There is nothing but Apple equipment in my house save a few kindles and a TV. The stock sits near all-time weekly closing highs. If you told me they would miss their recent numbers and sit where they sit, I would not have believed it. Wall Street has moved on from Steve Jobs to Tim Cook. They have given the company a new multiple. I don’t know why, it just happened. The company was undervalued while Steve ran the show and by January we will know a lot more. For now, it’s just the stocks price that seems to matter.

$GOOG – This is the strongest Company of the four horsemen. They are confident and relentless. If you are an employee that stayed at Google through the Facebook blitzkrieg, you feel smart and more loyal than ever. I believe search is getting better and MORE important. Add Maps, Chrome, Gmail, YouTube, Droid, bandwith and sheer brainpower it finally feels like the stock I have to own again. I don’t quite yet.

There is no fourth come to think of it. Salesforce is doing an amazing job keeping itself relevant with acquisitions and vision from the top, but the stock is 30 percent from it’s highs.

The most deserving new horseman would be Wal-Mart but it’s Wal-Mart and I don’t do sales and greetings creep me out when I am about to spend money.

It’s pretty thin at the top and that is why it has been hard for most managers to outperform.

If you peel back things a little further like Ivan and I with the Stocktwits50, you will see some great new leadership emerging in this tape. The Three Horsemen matter but finding and holding the next few are just as important.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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