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Apple (AAPL) stock is rallying above the 50 day moving average on Friday for the first time since September 2012. Apple (AAPL) is now a strong buy on pullbacks for the rest of 2013. This is a huge trend reversal and should lead to AAPL stock testing $500 in the next three months.
Apple (AAPL) has strong support between $440-$450 right now but I will be personally buying dips below $430 in my long term account. With a dividend increase imminent, I don't see much downside for the stock from here. Continue to buy the big dips and hold.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
