Americas most loved stock, apple. We say was because more analysts out today cutting their price targets as more questions remerge about growth and product pipeline. People are hating on am. The faenk stocks, facebook up 35. Netflix up 140. Google up 44. Apple, negative one. Why . Its much bigger. It doesnt have the same growth rate. I wont answer for apple. Ill just say from an investing perspective, people are chasing erjz growth this year into an increasingly narrowing group of stocks. What all those stocks have in common is earnings estimates that continue to be revised higher and, you know, much better growth outlook. Apple is a much more mature company. You really cant compare it to netflix and say which one has brighter prospects for net year in terms of earnings growth, but apple has a lot else going for it. Namely the ability to return oceans worth of cash to shareholders. Tons of stability and stalled user base that is the envy of the world. Quite frankly, an amazing position
Likely that the takata airbag recall will, in fact, be expanded. We dont have the numbers on that. That Conference Call is still underway. Well get back to more details as soon as we have them. It is 4 00 p. M. At ab where i road, and squawk alley is live. Welcome to squawk alley as a wednesday. Also, this morning the founder and editor in chief at the information. Cnbc contributor jessica lessin. Good morning to you. Good morning, carl. Got stocks at session highs here. Dow is up 145. Our first story this morning arks organized to the journal, the relationship between ups and amazon is going south in a hurry. Amazon is the biggest account for ups, worth 1 billion with the Company Becoming increasingly unhappy with rising shipping costs. Amazon is already looking to expand its open delivery infrastructure and is apparently hired over 40 ups executives in the last three years. Jessica, the journal says they argue that upss root structure is becoming obsolete. This is a classic case i th
Into account, you know, the possibility of other costs and risks that might be associated with a large expansion of our Balance Sheet. Darren and then christina and then greg. So just following up on that last question. How helpful would it be to see as part of the fiscal cliff resolution some nearterm stimulus . The president s proposed that. Do you think how helpful do you think that would be, and ill ask my followup now . Whatever happened to your southern accent . Well, on the second one id like to think im bilingual. When i go home, sometimes it comes out pretty strongly, but i wont try to do that here. So i try to be careful, as you know, not to give views on specific taxandspending programs. I think, of course, obviously those are the province of the administration and congress. The attitude ive taken has been that at a minimum congress should try to do no harm, that they should try to avoid policies that that significantly slow or derail the recovery at this point, so i think t
Cbi. Disney. You will see 60 print. Love it. Weiss . Take advantage and buy tbf. Baker boy. Broadsoft on sdn network space. That that does it for us. See us at 5 00 tonight and follow us on twitter. Power lunch picks up the ball right now. Lace them up. Halfti halftime is over. We promise there is no outage on power lunch now. One day the dow is 14,000, the next is the worst of the year. Triple digit losses. 122 points down. Are investors getting cold feet . Having seconds thought about the rally . Are stocks still cheap . We will see how five star Money Managers are playing the market. And the money cooler story of the day. The ads, which ones scored touchdowns. Which ones bumbled. And did beyonce cause the super bowl blackout . And money does not buy you love, but does money buy the wealthy happiness . A new survey may well surprise you. Hi, sue. Hi, ty. Risk off in terms of trading. A lot of fears about europe forcing the debt way off from the 14,000 mark we saw last week. Dow and s