Predictions
Apple Inc.
Start price
Target price
Perf. (%)
€18.02
09.08.12
09.08.12
€19.64
07.09.12
07.09.12
5.55%
07.09.12
07.09.12
Could be worthwhile Investment >10% per year
Revenue growth >5% per year expected
Higher EBIT margin than peer group
High valuation
Microsoft Corp.
Start price
Target price
Perf. (%)
€24.73
20.07.12
20.07.12
€21.00
02.10.12
02.10.12
-7.26%
02.10.12
02.10.12
Could be very worthwhile Investment >20% year
Capable Management
Good culture
Innovative
Apple Inc.
Start price
Target price
Perf. (%)
€14.90
21.05.12
21.05.12
€17.86
14.06.12
14.06.12
9.16%
14.06.12
14.06.12
Could be very worthwhile Investment >20% year
Market Leader or Top 3
Well known brand
Very Future proof/growth oriented business model
International Business Machines Corp
Start price
Target price
Perf. (%)
€154.53
18.04.12
18.04.12
€170.00
13.09.12
13.09.12
3.10%
13.09.12
13.09.12
Well known brand
High dividend yield expected
Differentiated customer and product portfolio
Innovative
International Business Machines Corp
Start price
Target price
Perf. (%)
€155.92
14.04.12
14.04.12
€200.00
15.10.12
15.10.12
3.28%
15.10.12
15.10.12