Superstars of the 2009 – 2014 bull market

Superstar

Consumer Borgwarner – BWA: Autoparts: Fuel economy standards and improved emission drives growth. P/E (12/14E) – 17.7x Footlocker – FL: Athletic Apparel: Fitness theme. P/E (12/14E) – 15.0x Fossil – FOSL: Watches & Lifestyle. Collection of different brands eg. A/X, Diesel, DKNY, Adidas. 44% of US Market. Growth of Fossil outstrips that of industry. P/E…

Technology

Microchip

The Technology sector is a fascinating one because it is so dynamic. The 2000 bull market top is the orthodox high of the sector and has not yet been eclipsed. However 2014 marks the high of many technology stocks – many of which were not yet established in 2000 and did not participate in the…