PLENTY OF FUEL FOR APPLE TO ROCKET UP $AAPL $GOOG $MSFT $MS

Twitter
LinkedIn
Facebook

PLENTY OF FUEL FOR APPLE TO ROCKET UP $AAPL $GOOG $MSFT $MS

When a stock is under owned and good news comes, there are plenty of buyers to move the stock up. On the other hand, when a stock is over owned, there aren’t many buyers left to push it higher and even the slightest bit of negative news can push the stock down.

According to Morgan Stanley, the top 100 institutional investors cut their holdings of Apple in the first quarter of 2014. Morgan Stanley also says that Apple is the only large cap technology company with institutional ownership less than its weight in S&P 500.

There are three technology companies, among the top 10 constituents of S&P 500: Apple, Google (GOOG), and Microsoft (MSFT).

A fund manager does not put his job in danger by performing close to the S&P 500 index. For this reason, many fund managers hold a portfolio that correlates well with S&P 500 with a few major differences. The main difference right now is that Apple weighting in many funds is lower than its weighting in S&P 500.

Public filings of the position of funds are made on a quarterly basis so this data becomes outdated quickly. For this reason, I rely heavily on a variety of other indicators that attempt to estimate under ownership or over ownership, not only among institutional investors but also among smaller money managers and retail investors. Institutions own about 62% of Apple stock. In comparison, institutions own about 87% of Google stock. In the case of Apple, in the past, retail investors and small money managers have been big contributors to the stock’s movement, therefore their positioning is important…Read more at Forbes

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

A fortune is to be made from AI stocks.
Get the list of 18 AI stocks to grab your share of the profits — no cost to you.

A fortune is to be made from AI stocks.

Get the list of 18 AI stocks to grab your share of the profits.

AI is a $1 Trillion Market

Making A Fortune
In Artificial Intelligence

Golden Age of Artificial Intelligence