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4 Reasons To Buy Audiovox
By Will Ashworth | January 27, 2010
A nationwide study conducted in 2009 revealed that investors believe the U.S. stock market will average annual returns of 13.7% over the next decade. This belief isn’t unrealistic; it’s downright idiotic. Since 1926, the U.S.markets have earned 9.8% annually, 400 basis points less than current investor expectations. But assuming some miracle occurs and the markets do meet investor expectations, micro caps must be part of the equation, because large caps alone aren’t going to cut it. This is why consumer electronics company Audiovox(Nasdaq:VOXX) could be a great buy.
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