SNSN schreef op 17 juli 2013 14:23:
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Yes, but there is a small "inconsistency".....
As you saw, a “positive” expected growth for asml was mainly based on european 4g ….. But the outlook/advises (by banks/funds) are still not "very positive” (on average) for many eu telcos, as well as, their stocks are almost at ATL ....., while just those telcos should actually provide that "asml growth”…..
Thus, either i) “asml” has NO growth potentials (if no, or little demand for 4g) and its current stock level at ATH is a bubble, or ii) eu telcos must have really very “good future” (and very soon)…., but then current (average banks’) “underperform” advice on a number of eu telcos is rubbish, as well as, their current stock prices......
Of course, principles of sector rotations are working not instantly....