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Which Will Hit 1000 First?

Last month I sold Google (GOOG) from the Growth Portfolio and Aggressive Growth Portfolio because estimates show profits are expected to grow only 13% and 11% during the next two quarters. 

I’ve also been accumulating more shares of Apple (AAPL) this summer. Apple’s iPad and new iPhone are smashing successes — but the stock isn’t going anywhere even though profits are smokin. 

To me, AAPL looks so much better than GOOG. So, which stock will hit $1000 first — Apple (which is around $250) or Google (around $500). I looked into the numbers on each stock in the tables below. Analyst profit estimates were used for 20102012 and I guessed at estimates in later years by taking 2012 numbers and increasing them by each company’s Long Term Growth Rate. The stock which is to expected to be higher each year has its stock price in green. 

I think AAPL will break $1000 before Google will. 

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