Altucher’s 10 Predictions for 2010

James Altucher, one of my favorite financial writers, has his ten predictions for 2010. Here’s a summary:
1.) The S&P 500 will touch 1300 at some point during the year.
2.) Unemployment goes down to 8%.
3.) GDP hits an annualized 6% by Q2 as inventories get restocked.
4.) Dendreon (DNDN) is acquired.
5.) AOL gets bought by Microsoft.
6.) B will the best letter in the BRIC countries: Brazil, Russia, India, China.
7.) Health care will greatly outperform the S&P in 2010.
8.) Banks start lending money again.
9.) Either Apple or Amazon will develop the killer tablet computing product (or be close to it for 2011).
10.) The world will not end.
I like #7 as you can tell from my new Buy List.

Posted by on December 22nd, 2009 at 12:55 pm


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