Yes, It's Still Safe to Buy Apple (AAPL)
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Get Alerts AAPL Hot Sheet
Price: $309.90 -0.24%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
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Warning reader: this article has no fundamentals, technical analysis, or analyst comments. It's just the truth.
Someone must be manipulating this stock.
How much is Apple (Nasdaq: AAPL) winning in 2012? Lots. Basic, simple data shows Apple is up 28 out of 41 trading sessions, or just better than two-thirds of the time. So, if you happen to catch Apple on a rare down day, don't worry. You've got a pretty good chance of making it back the next session.
Further, the stock has moved 33 percent higher since the start of the year. From an open just above $409, Apple is now at the mid-$500 level. That would be an impressive feat for something like Research In Motion (Nasdaq: RIMM) or Nokia (NYSE: NOK) who were pounded in 2011, but Apple already grew multiples then, too! (Note: both RIM and Nokia are having lackluster 2012s to-date.)
Oh, Apple is also up in late trading and will probably gain more next Wednesday during it's New York event. Because another iPad is coming out and, who knows, maybe an interim Apple TV update until the full HDTV debuts in 2013.
The only way Apple is going lower over the foreseeable future is if CEO Tim Cook holds a press conference to say he loaded his private jet with $100 billion of Apple's cash in sacks of $1 million and flew over the middle of the Atlantic and dumped it out.
Or, maybe not. That might be considered "market development." Even ZAGG (Nasdaq: ZAGG) might see a pop for quick development of a submersible iPhone case.
Someone must be manipulating this stock.
How much is Apple (Nasdaq: AAPL) winning in 2012? Lots. Basic, simple data shows Apple is up 28 out of 41 trading sessions, or just better than two-thirds of the time. So, if you happen to catch Apple on a rare down day, don't worry. You've got a pretty good chance of making it back the next session.
Further, the stock has moved 33 percent higher since the start of the year. From an open just above $409, Apple is now at the mid-$500 level. That would be an impressive feat for something like Research In Motion (Nasdaq: RIMM) or Nokia (NYSE: NOK) who were pounded in 2011, but Apple already grew multiples then, too! (Note: both RIM and Nokia are having lackluster 2012s to-date.)
Oh, Apple is also up in late trading and will probably gain more next Wednesday during it's New York event. Because another iPad is coming out and, who knows, maybe an interim Apple TV update until the full HDTV debuts in 2013.
The only way Apple is going lower over the foreseeable future is if CEO Tim Cook holds a press conference to say he loaded his private jet with $100 billion of Apple's cash in sacks of $1 million and flew over the middle of the Atlantic and dumped it out.
Or, maybe not. That might be considered "market development." Even ZAGG (Nasdaq: ZAGG) might see a pop for quick development of a submersible iPhone case.
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