This blog is set up to offer stock picks for individual investors. The picks will provide research from annual reports, websites, and newspapers. The articles will entertain and educate.
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.
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