Friday, January 25, 2013

RIMM vs NOK vs AAPL

The share prices of RIMM, NOK and AAPL in the last 12 months. This is telling:


RIMM and NOK moved almost in tandem up to 15 days ago.

It appears first 350 days of their price movements can't be explained by their fundamentals because the two companies did different things. It has to be market sentiment then?

By the way, AAPL is getting more interesting everyday. 

(Disclosure: Long RIMM)
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2 comments:

  1. PacioliJanuary 25, 2013 at 7:28 AM

    It would only be fair to also include a 3-yr and 5-yr chart of the same comparisons.

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    1. JohnJanuary 25, 2013 at 4:02 PM

      If you mean including a long-term chart will provide a more balanced presentation of the quality of the 3 businesses, yes, I agree. However, that's not the point of this blogpost.

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