Apple stock was never on my radar until the PEG ratios caught up with the price of the stock. Now that Apple stock is seeing good fundamentals line up with the technical there is plenty of reason for an investment. With a PEG ratio of 1.34 it’s playable, that’s not a bad ratio for a stock in a premium industry like tech. Read more…
If Steve Jobs announces a new iphone as many expect, the next generation phone should bring some amazing marketshare. The apple way is to produce shiny, exciting products but lapse a bit on core features. The original iPhone was said to be the best smartphone though it lacked features like 3G, email support for business users, GPS, and came with only a modest selection of software because of the monopoly Apple imposes over its devices. Read more…
Bernanke talks the markets listen as the Dow has hit its second largest gain of the year jumping 212 to 11,011. Just as the Dow struck gains so did the NASDAQ 37.49 and the S&P 22.95. A very positive outlook on today’s markets. Read more…
