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Doug Kass's Biggest Predictions for 2013
Posted by: Dheeraj Grover (IP Logged)
Date: January 8, 2013 09:16AM

Well-known investor Doug Kass of Seabreeze partners was on CNBC to discuss his top predictions for 2013. He has predicted a move for 13 stocks; here in this video he discusses his top three predictions

-- P&G will attract more activist investors and will announce split of company generating good upside for investors.
-- Likes Ford Motor Company (F). It benefits from strong automobile sales in the U.S. and will result in an upward movement in P/E, raising the stock to about $20
-- Doesn't like Apple. He thinks competitive pressures are increasing and that will make Apple earnings slow considerably in first half of 2013.
-- Stock will remain below $550 for most of the first half of the year.
-- He also discussed his miss of 2012. His predictions of Bank of America being in trouble did not come true and stock doubled in 2012.
-- But says he will not touch Bank of America (BAC) at these levels.

Credit and source: www.cnbc.com, CNBC

Here is the video:







Stocks Discussed: AAPL, BAC, PG, F,
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Re Doug Kass s Biggest Predictions for 2013
Posted by: vgm (IP Logged)
Date: January 8, 2013 12:58PM

"He also discussed his miss of 2012. His predictions of Bank of America being in trouble did not come true and stock doubled in 2012."

Here we go again. Another investing nobody trying to predict the inherently unpredictable with great accuracy. Do these people have no shame? Or nothing better to do?


Stocks Discussed: AAPL, BAC, PG, F,
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