Wells Fargo is now the US’ largest bank by market value and Apple will pay a huge dividend and repurchase shares. Microsoft and perhaps even Google can now be called “boring”, stable companies.
Just a reminder of how limited our forecasting and modelling “mindsets” usually are. Also a reminder for keeping our minds open for positive surprises. On the subject of dividends and share repurchases, we’ve posted about Apple’s capital allocation “options” here.