Apple Inc. (AAPL) is trading at $370 this morning after Steve Jobs has resigned as CEO. This news has been rumored for 3 years and the fact that he remains chairman is a great sign. Apple Inc. (AAPL) recently reported blowout earnings in which the company earned over 7.3 billion dollars for the quarter. I own AAPL and will be holding it until at least January 2012. AAPL will have resistance at $400 which is right at the 52 week high. If we see a drop below $350, AAPL is a strong buy!
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Thursday, August 25, 2011
Apple Inc. (AAPL) Stock Analysis - 8/25/11
By Tim - http://stockstobuy.org
Apple Inc. (AAPL) is trading at $370 this morning after Steve Jobs has resigned as CEO. This news has been rumored for 3 years and the fact that he remains chairman is a great sign. Apple Inc. (AAPL) recently reported blowout earnings in which the company earned over 7.3 billion dollars for the quarter. I own AAPL and will be holding it until at least January 2012. AAPL will have resistance at $400 which is right at the 52 week high. If we see a drop below $350, AAPL is a strong buy!
Apple Inc. (AAPL) is trading at $370 this morning after Steve Jobs has resigned as CEO. This news has been rumored for 3 years and the fact that he remains chairman is a great sign. Apple Inc. (AAPL) recently reported blowout earnings in which the company earned over 7.3 billion dollars for the quarter. I own AAPL and will be holding it until at least January 2012. AAPL will have resistance at $400 which is right at the 52 week high. If we see a drop below $350, AAPL is a strong buy!