Apple Stuck in Limbo
Sick of reading about Apple Inc. (AAPL) and its recent woes? We all are. Now expect the Hater-Aid to be poured on richest company in the world.
The target price reductions are coming in hourly from the major firms covering Apple (AAPL). If you are concerned about them, stop reading them. It's that simple. Do not fear America stock trader, Apple isn't dead yet.
Thanks to the pullback Apple Inc 's (AAPL) is trading under $500, today at $488. The company trades with an incredible P/E of 11.4, that's a bargain. Apple shares are now only 14% away from its 12 month low.
Expect Apple to trade on the winds of the headlines until they deliver their Q1 earnings call next Wednesday (Jan 23rd). Forget what the media is saying or reporting, they are just interested in ratings.
Bottom line: Be patient, next week Apple Inc. and Wall Street will price the company's shares appropriately.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Saudi Arabia Forces The UN To Drop Humanitarian Inquiry Into Yemen Atrocities | ZeroHedge
- Ron Paul: I Wish Nobody Was Bombing Syria | ZeroHedge
- The Window Has Closed On The Fed | ZeroHedge
- Volkswagen and the Euro: Preliminary Thoughts | Financial Sense
- Gary Dorsch: “Hundreds of Billions” in Defaults if Commodity Crash Continues | Financial Sense
- Ron Paul Trounces Trump, Exclaims Election Is Entertainment "Orchestrated By Major Media" | ZeroHedge
- What Will Happen To Oil Prices When China Fills Its SPR? | ZeroHedge
The most relevant financial news and articles from the Internets
- Al Abrams, Motown Records' first press officer, dies at... | Business Insider
- Tracy Morgan joins lineup for salute to Eddie Murphy | Business Insider
- 'The Walking Dead' is finally going to answer a question... | Business Insider
- Texas inmate says he shouldn't die for $8 robbery,... | Business Insider
- Tests await for Rodgers' Liverpool successor | Business Insider
- The 20 best universities in the world, according to US... | Business Insider
- Official: US questions Russian flight incursion into... | Business Insider