Apple (AAPL) Deleted from Oppenheimer 'Triple Play' List

Oppenheimer made a number of changes to its 'Triple Play' portfolio and one notable move was the deletion of the venerable Apple (NASDAQ: AAPL) from the list.

The firm describes 'Triple Play' stocks as having three characteristics: 1) are rated Outperform by Oppenheimer fundamental research, 2) screen positively based on trends in earnings revisions (MAER-Monitor of Analysts’ Earnings Revisions), and 3) exhibit an attractive technical profile.

Below are the five changes made today:

Added:

• AutoZone, Inc. (NYSE: AZO) (replaces CarMax)
• Starbucks Corporation (NASDAQ: SBUX) (New addition)
• CoreLogic (NASDAQ: CLGX) (Replaces Apple)
• Cognizant Technology Solutions (NASDAQ: CTSH) (New addition)
• Fiserv (NASDAQ: FISV) (New addition)

Removed:

• Apple (NASDAQ: AAPL) (replaced by CoreLogic)
• CarMax (NYSE: KMX) (replaced by AutoZone)
• Carlisle Companies (NYSE: CSL)
• Centene Corporation (NYSE: CNC)
• Bank of America (NYSE: BAC)

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