Buy, Sell or Hold: Apple Inc.
Apple Inc. (Nasdaq: AAPL) used to rule its niche world and will continue to do so, with lots of room to grow.
As Coldplay’s “I used to rule the world…” played softly on the outside stereo speakers of my sailboat “Southern Cross” as my family and I pleasantly glided by Execution Rock on a gorgeous Sunday afternoon in the Long Island Sound, I could not stop myself from thinking how the song got there. It was coming out of my daughters’ Apple iPod, interfacing with the boat’s new iPod-ready stereo system. And I was wondering whether it was time to get into Apple’s stock. Yes … even on a weekend sail.
I have been patiently waiting to get into Apple for a long time. And now the market was tanking, sending good companies’ stock prices down with bad ones to ridiculously low levels, this could be the opportunity I’d been waiting for.
