On a recent episode on Varney & Co., host Stuart Varney put the question to Shah: Is Apple Inc. (NASDAQ:AAPL) still an innovative company, or are they simply milking the legacy of Steve Jobs?
Shah says no – there’s no reason to buy AAPL right now if you don’t own it… and if you do own it, you might want to consider taking profits.
Instead, for the stocks that Shah thinks are going to be the big innovators going forward… just click below:
For almost ten years now, hedge funds have been underperforming their benchmarks.
Even the biggest and historically best performing funds are underwhelming investors, who aren’t sticking around just because managers are lowering their exorbitant fees.
They’re fleeing in droves for passive investing strategies like index funds.
But don’t count the Masters of the Universe out just yet.
Not only are hedge fund managers figuring out what’s causing their underperformance, the headlong rush by investors into index funds and exchange-traded funds could backfire, making hedge fund escapees wish they’d stuck to their guns.
Here’s why passive strategies have become so popular, how much money has been moved into them, and why that trend could turn out to be devastating…
Most importantly, here’s how everyday investors can benefit from what amounts to a monumental industry upheaval…