What Stocks Would Steve Jobs Buy?
We scan the market for investments the Apple chief would love.
No doubt, the single best returns on any investment made by Jobs and Steve Wozniak was in Volkswagen (VOW) and Hewlett-Packard (HPQ). The Apple co-founders scraped together $1,300 by hawking a used microbus and scientific calculator to start a company which now has a market cap of $300 billion.
What would Jobs be without that standard issue billionaire's uniform consisting of the Traveler Cashmere Mock Turtleneck Sweater from Joseph A. Bank Clothiers (JOSB), New Balance Men's MR993 Running Shoes from Zappos.com (AMZN), Levi's Men's 501 Jeans from Macy's (M) -- and the iPhone 4 (APPL) resting inside the front pocket? Rarely seen in anything else, he'll be wearing this wardrobe to the grave.
A devoted vegan, Jobs can continue getting his tofu, soy and bean curd fixes by buying up stock in Dean Foods (DF) whose subsidiaries distribute Horizon Organic, Silk, TofuTown and other eco-conscious, hippy dippy brands.
Known for his tendency to get a little hot under the mock turtleneck from time to time, Jobs and his temper were validated in 2003 by Sony Pictures (SNE) when the studio released the close-to-home Adam Sandler and Jack Nicholson comedy Anger Management.
His preferred venue for employee firings, Jobs would surely invest in the United Technologies Corporation (UTX) for its Otis elevators, the world's largest manufacturer of vertical transportation systems.
Believe it or not, given his Buddhist faith, Jobs may actually invest in Microsoft (MSFT). With the myriad incarnations of its operating system -- from Windows 3.1 to Windows 95 to Windows 98 to Windows ME to Windows XP to Vista to Windows 7 -- competing technology company continues to attempt to reinvent itself with the hope of finally achieving the nirvana of a transcendent platform.
Also see our story, "What Would Jesus Buy?"
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