Is Google Growing Faster Than Apple?
Steve Hassett submits:Real Implied Growth Rate (RIGR) shows market expectations for long-term growth in earnings implied in an individual firm’s stock price. RIGR analysis shows growth expectations for Google (Nasdaq: GOOG) rose while Apple (Nasdaq: AAPL) was unchanged following earnings release. Google is now expected to grow faster than Apple. RIGR is derived using the Risk Premium Factor Valuation model (RPF Model). The RPF Model has shown very strong correlations with actual S&P 500 Index levels for the past 50 years. You can read my introduction to RIGR on Seeking Alpha, a summary of the RPF Model on Seeking Alpha or the full paper on SSRN. This article is updates growth expectations for Google and Apple from my article on October 14.Complete Story »