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That is not the origin of the term. It was coined by Jim Cramer for fast growing stocks.
by ma2rten 5y ago
That is not the origin of the term. It was coined by Jim Cramer for fast growing stocks.
- koolba 5y agoAnd before that he had his “four horsemen”: https://www.barrons.com/articles/BL-TB-5933 https://www.barrons.com/articles/BL-TB-5933 (Note this article is from Jan of 2008): > In today's trading, all four stocks are down steeply: Apple: Down $26.65, or 17.1%, to $128.99. Amazon: Down $7.56, or 9.6%, to $70.92. Google: Down $48.15, or 8.2%, to $536.20. Research In Motion: Down $8.47, or 9.4%, to $81.61. Even writing off RIMM to zero would give you a healthy return through 2021.
- iseanstevens 5y agoIs that accounting for splits? Apple (for example) has split 28:1 since that time, making the equivalent price today around 4K/share.
- jannes 5y agoHe was quoting the article, but he messed up the formatting so it’s not very obvious that “today” refers to 13 years ago.