On 6/27/2002, an investor putting $10,000 into Apple, Amazon and Medifast would have had the following profits:
By 9/12/2018, Apple grew to $1.25 million, Amazon grew to $2.05 million and Medifast grew to $21.2 million.
On 6/27/2002, Apple’s PRI™ was 19, Amazon’s was 72 and Medifast’s was 0.
| Symbol | Company | Date | Price | Market Cap | PRI™ | FRI™ | ERI™ | FRR™ | MID™ | P/S Ratio | P/E Ratio | High Date | Highest Future Price | Gain |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AAPL | Apple | 6/27/02 | $0.30 | $6,068 | 19 | 22 | 20 | 8 | 8 | 1.0 | 29.6 | 12/14/23 | $198.11 | 64,939% |
| AMZN | Amazon | 6/27/02 | $0.79 | $5,949 | 72 | 74 | 73 | 100 | 69 | 1.8 | -16.7 | 7/8/21 | $186.57 | 23,427% |
| MED | Medifast | 6/27/02 | $0.13 | $1 | 0 | 61 | 44 | 39 | 35 | 0.2 | 1.5 | 5/28/21 | $332.35 | 255,479% |
After a crash, people buy companies with “familiar” names. If they had accurate and reliable ratings of the probability of a stock falling or rising, they would base their decision on those ratings, not on the familiarity of the names or the size of the company.
