3 Stocks That Look Like Apple in 2008

3 Stocks That Look Like Apple in 2008

Ever since Apple (NASDAQ: AAPL) issued the iPhone 10 years ago, the stock has been on an absolute tear and has become one of the greatest wealth-generating stocks of the past century. A high-demand product with a brand that commands incredible pricing power has turned Apple into a cash-flow machine that churns out returns on equity in excess of 30% without breaking a sweat. 

These are the kinds of investing wins you want to replicate if you want to generate wealth over the long term, but finding them isn't always easy. Remember, the first iPhones weren't met with the messianic zeal that each new iPhone does today. So we asked three of our investing contributors to each highlight a stock that they think might have an Apple-like run in them over the next decade. Here's why they picked Tellurian (NASDAQ: TELL), Centennial Resource Development (NASDAQ: CDEV), and A.O. Smith (NYSE: AOS). 

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Source: Fool.com