Barry Dunaway

Barry Dunaway
Contributor since: 2012
Company: America First Investment Advisors, LLC
Once upon a time, you'd hear a thoughtful investor say - likely after suffering a large loss by following the crowd into some can't-miss stock - "Trees don't grow to the sky." In a competitive economy, other companies are always looking for a way to beat the other guy. Consumer desires change. Apple is a leader now, but investors shouldn't assume that the Company has won the game. The game isn't over, despite the popular idea that they have somehow "locked up" consumers.
An interesting aspect to the current investor psychosis over Apple is the interplay between the stock and the products Apple sells. Apple products are considered cool, and that coolness was reinforced by the stock's amazing rise. Let's see if Apple products are still just as cool when the stock falls. Seen many positive stories about Facebook since their IPO faceplant?