Are we getting any signals from US Leaders?

Nicholas Forsyth

Market Matters

This week we have witnessed Facebook (FB.US) become a $US250bn company. The fastest company to reach this milestone, amazingly now larger than BHP, CBA and Woolworths (WOW) combined. Mark Zuckerberg’s social network company, as illustrated in the movie “The Social Network”, was born only 11 years ago in a Harvard student room. Facebook has achieved so much in just over 10 years compared to what the 3 iconic Australian companies have in recent decades. This is a clear lesson for investors to move with the times, a great company for investors last decade, is not necessarily a great company for the next decade. One exciting aspect of the booming IT industry is the ease / cost of entry, for example no large deposit of Iron Ore is required - come on Australia, time to catch up on the innovation! Today we have focused on 4 pioneering IT companies in the US to identify the short term direction of the broader index. (VIEW LINK)

4 stocks mentioned

Nicholas Forsyth
Nicholas Forsyth
Market Matters

Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Please sign in to comment on this wire.