Is it time to buy AAPL stock?
I bought on the afternoon of Oct. 17. I’m looking forward to Monday and Tuesday.
Be careful playing this one…
I am starting a new thread on the long-term impact of the Tuesday Device.
Editor - The Mac Observer
Favorite (but less relevant than it used to be) Quote: Microsoft’s tyranny lies not in its success, but in the way it achieved and maintains that success.
I’m not a securities pro, but I do think Apple is poised for a gradual and continuing upward movement in the stock price.
Today (1/6/02) I’m looking for strong interest in the stock to continue well into next week and if the keynote on Monday goes over well wth Wall Street, I could see more brokerage firms initiating coverage on the company and a few of the anlysts who currently rate the company as a “hold” to announce upgrades on their ratings.
Remember, too, that 1st fiscal quarter results are due out mid-month. Anecdotal evidence indicates to me that there should be a modest earnings surprise. Please do your own research. Personally, I like what I see.
At today’s closing price of $24.72 (1/31) and volume of almost 8.3 million shares, it appears that many investors are deciding it is indeed time to buy Apple stock
I’m glad, too.
I took my own advice last year and bout AAPL at $18. It’s at $24, so I feel good. I bought AAPL in 1997 and sold it a year or so later my value tripled (too bad I didn’t wait for it to reach $100.
Anyway, I’m letting it sit there for the long haul this go around.
Based on my own experience, anytime you have even a bit of a hunch that it’s a good time to buy Apple stock, it probably is. Hell, I *knew* it was a good time to buy when it was $13 a few years ago. I didn’t have any money. Should’ve borrowed some it was that good a time.