The Danger of Earnings Season Extrapolation

Author:  //  Category: World of Warcraft

Random Feed wrote an interesting post today on
Here’s a quick excerpt
Gulliver and the Lilliputions Yes, we all get excited when an Amazon.com scorches their earnings forecast or when an Apple Inc. Suge Knights the whole sell-side with a massive beat, but should that enthusiasm really spread to other stocks? One of the dangers of extrapolating the good earnings reports out of Apple, Amazon or Intel is that in reality, these three companies have no real competitors. I know they pretend they do (or even imagine they do), but trust me, they don’t. Let’

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