5 ‘Editor’s Picks’ for March

Here's the first batch of my best long-term picks

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Apple

I know, I know. I’m not breaking any new ground here with an Apple recommendation. Its growth and the power of its brands are obvious — but I continue to expect it to outperform, and thus would recommend it for any investor’s portfolio. Reasons include:

  • Stunning 118% earnings growth in Q1. EPS growth has run about 60% annually since 2008.
  • Revenue has tripled from 2008 to 2011, from $32.4 billion to $108.2 billion.
  • All these results haven’t caused Apple to outrun its earnings, with a reasonable forward P/E of about 13.
  • The iPad 3 is coming soon, and will probably put other results to shame.
  • Even without Steve Jobs at the helm, the company remains at the pinnacle of tech.

You know the score by now. I just want to go on record with this buy for my Editor’s Picks list before Apple moves any higher.

Jeff Reeves is the editor of InvestorPlace.com. Write him at editor@investorplace.com, follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook. Jeff Reeves holds a position in Alcoa, but no other publicly traded stocks.

 

 

 

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Article printed from InvestorPlace Media, http://investorplace.com/2012/03/5-editors-picks-for-march/.

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