Friday, September 26, 2008
AAPL Looking Attractive
So my prediction of Apple at $250 looks like it could be a long time coming. With Apple (AAPL) trading around $125 today, the stock trades at just 25 times trailing earnings. I have no idea what to expect with next years earnings but usually Apple comes in ahead of analysts predictions. The stock is a buy right now with a good upswing to $140-$150 range within a couple months. I think Steve Jobs is doing fine. The stock will drop when Jobs leaves the company but the products will not quit selling.