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APR 03, 2013 - Zero Hedge

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"Greater Fools", "Story Stocks", And Bernanke "The Hero"

The term “Story stock” used to mean a company with little more than a sheaf of press releases and a glitzy narrative about its future prospects.  Now, ConvergEx's Nick Colas notes that pretty much any stock with a fighting chance of outperforming needs to have a “Story” to cut through the clutter of a noisy macro-driven market.  Story-less equities where the valuation is cheap simply dawdle, while theoretically expensive story stocks sizzle loudly.  So what makes a good story?  The answer is not only “Blowin’ in the wind,” it is as old as the hills.  CEOs matter ... Read More

Tags: "Greater Fools", "Story Stocks", And Bernanke "The Hero",  Home Depot Latest News