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Doug Kass's Biggest Predictions for 2013

January 08, 2013 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
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:







About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 2.5/5 (6 votes)

Comments

vgm
Vgm - 1 year ago
"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?

Please leave your comment:


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