Up 13.59% in a quarter in which the NASDAQ fell 12.91%
Click to enlarge. Source: Google Finance
In his Tech Trader Daily column last week, Barron's Tiernan Ray noted that the three months that ended Friday saw some spectacular flameouts in the tech sector, including Netflix (NFLX) down 56.88% for the quarter, AOL (AOL) down 39.58%, Hewlett-Packard (HPQ) down 38.32% and Yahoo (YHOO) down 12.4%.
Amid the carnage, however, there were some relatively safe havens. Ray mentioned Apple (AAPL), IBM (IBM), Google (GOOG) and Cisco (CSCO).
He didn't include a chart, so we have. And as thin blue line above makes clear, Apple, up 13.59% in Q3, was the safest haven of them all.
Overlooked in many of the post-mortems of Bartz's tenure at Yahoo is that, from a shareholder's perspective, she accomplished as much as anyone could have at Yahoo.
By Kevin Kelleher, contributor
FORTUNE -- "We always concluded we couldn't find anyone better than Carol."
That comment came from a board director of a company helmed by Carol Bartz. As you can imagine, the company wasn't Yahoo (YHOO) -- its board unceremoniously fired Bartz on MORE
Sep 8, 2011 9:37 AM ET
The stock opened sharply lower, but then climbed steadily back
Source: XETRA
Traders on the Frankfurt exchange reacted swiftly Thursday to the news that Apple (AAPL) CEO Steve Jobs had submitted his resignation the day before, effectively immediately.
The stock opened 17.6 euros (6.78%) lower -- a even stronger reaction than was registered in after-hours trading on NASDAQ.
But cooler heads prevailed. By 7:45 a.m. EDT -- an hour and 45 minutes before markets MORE
Philip Elmer-DeWitt - Aug 25, 2011 7:57 AM ET
On June 17, he told readers to buy AAPL at $320. The stock took off two days later.
The stock hit a 7-mos. low on June 20
We gave Andy Zaky, an independent analyst with a enviable track record, a hard time a few weeks ago.
He had just published a report on his Bullish Cross blog (reposted on Seeking Alpha) advising investors to buy Apple (AAPL) at $320. Although his three MORE
Philip Elmer-DeWitt - Jul 8, 2011 7:06 AM ET
By the same "PEG" measure, the 3 most overvalued are Amazon, Cisco and Netflix
Click to enlarge. Date: NASDAQ. Chart: PED
Here's a simple exercise suggested by one of my readers.
Take a stock you're interested in and calculate its price/earnings to growth ratio, better known as its PEG ratio. The formula looks like this:
According to Peter Lynch, who popularized the measure, the P/E ratio of any company that's fairly priced will MORE
Philip Elmer-DeWitt - Jun 19, 2011 7:08 AM ET
Trading in the company's shares Monday was slower than it's been since New Year's Eve, 2010
Click to enlarge. Data: NASDAQ
Apple (AAPL) has been trading in a narrow band this year -- to the undying frustration of investors who think the stock's price ought to reflect the company's breakneck earnings growth (EPS up 75%, 68%, 75% and 92%, respectively, over the past four quarters).
Apple's trading volume, by contrast, is as MORE
Philip Elmer-DeWitt - May 10, 2011 8:09 AM ET
Someone sold 6 million shares at $348.24 as Apple put the NASDAQ-100 rebalance behind it
Shares fell sharply before Friday's closing bell
Apple investors had been dreading Friday's close since early April, when NASDAQ announced that starting May 2, Apple's share of the NASDAQ-100, one of the world's most heavily traded stock indexes, would be reduced from 20.5% to 12.3%.
All 100 stocks in the index were to be affected by the MORE
Philip Elmer-DeWitt - May 1, 2011 7:39 AM ET
The pullback in advance of the company's Q2 earnings report has gone far enough
"If you can keep a good stock down, then you are able to load up for the ride back up. It's like a slingshot -- the harder you pull, the more propulsion you generate."
That's how Jason Schwarz, an author and investment adviser, described the game that hedge funds play with Apple (AAPL) in an article entitled "Apple: MORE
Philip Elmer-DeWitt - Apr 16, 2011 2:20 PM ET
Larry Page's first as Google (GOOG) CEO. We're on hand live.
Investors not liking the lowered earnings
Revenues of $8.58 billion a 27% increase over first quarter 2010 revenues of $6.77 billion. Paid Clicks Up 18%; Cost Per Click Up 8%:
4:35PM: Larry Page dropped in to say everything is going as planned, specifically the Executive switchover. Also thanks Jonathan Rosenberg who is usually on these calls but announced his resignation last week..
4:40: CFO MORE
Seth Weintraub - Apr 14, 2011 3:09 PM ET
There's something fishy about the trading two days before NASDAQ released the news
Click to enlarge. Source: Yahoo Finance
The gap in the blue line on April 5 in the chart at right reflects the $4.2 (1.2%) traders knocked off Apple's share price at the opening bell Tuesday -- the first opportunity money managers had to rebalance their portfolios after NASDAQ announced in the middle of the night that it MORE
Philip Elmer-DeWitt - Apr 6, 2011 7:53 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Intel Corp | 26.73 | -0.43 | -1.58% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
.
