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Ranking InvestorPlace’s 10 Best Stocks for 2012 Through Q3

See how the picks stack up heading into the homestretch

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No. 4: Microsoft

Q3 Return-3%
YTD Return: 
James Altucher

James Altucher is a strong believer in Microsoft (NASDAQ:MSFT), as he picked it for two straight years.

The results seem to show why. Even despite the recent slide of its shares — a 3% loss in Q3 — the company still has solid 15% gains and a substantial lead over the trailing picks.

Still, that recent slide did kick it back two spots. At the end of Q2, the tech giant was sitting pretty in second place. The fall in shares and ranking came despite news that the company hiked its dividend.

Maybe investors have realized that Microsoft is basically nothing more than a utility and has little to no prospects for growth.

Or maybe being a steady utility is just the kind of consistency that will be needed to win this contest.

Article printed from InvestorPlace Media,

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