Bank of America's brokerage division picks winners and losers for the year ahead
The tablet market is "still in its infancy," writes Merrill Lynch's Scott Craig in a note to clients Wednesday, with "years of solid growth ahead."
But that growth is not evenly distributed, and in his report Craig and his colleagues single out seven winners and seven losers.
The winners: (I quote)
Below the fold: The losers.
Hollywood has George Clooney. New York has Derek Jeter. Lexington, Kentucky has Lexmark.
Lexmark (LXK), for the uninitiated, is a printer company; pretty much the one that isn't based in the New York area, California or Japan. And recently investors have been buzzing again that the printer-maker would make a fine target to get hitched – either taken private or acquired. Bank of America Merrill Lynch ranked it number one on a MOREJon Fortt - May 7, 2010 8:00 AM ET
In this era of Kindle books, text messages and Facebook photos, printed information is taking it on the chin – and perhaps no company has been hit harder than Lexmark. The Kentucky-based printer company is one of the worst performing stocks in the hardware sector this year, down about 30%.
But Lexmark (LXK) CEO Paul Curlander hopes a new line of printers will help him climb off the canvas.
The eight new MOREJon Fortt - Sep 1, 2009 9:00 AM ET
|The medical marijuana ad that never aired, despite contrary media headlines|
|2 million students missing out on college aid|
|Boeing reports wing cracks on Dreamliners|
|China to fight pollution with drones|
|The bull market at 5: Not old yet|