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Market recap: Stocks eked out small gains for the third-straight session but were limited as...

Thursday, February 9, 2012, 4:10 PM ET
Market recap: Stocks eked out small gains for the third-straight session but were limited as enthusiasm over reports over a Greek deal faded. Tech stocks were out front; Apple ended just shy of $500 as iPad 3 rumors and upbeat commentary added further fuel to shares. The euro rose vs. the dollar; oil prices settled near $100. NYSE decliners led advancers seven to six.

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This news story has 5 comments:

riskymike11 Comment (1)

This stock is an absolute BEAST.

9 Feb 2012, 06:18 PM Reply Like

DVW Comments (157)

So were houses at one point.

9 Feb 2012, 08:13 PM Reply Like

Sirvasq Comments (77)

The PE is 10, dude. It's not a house. No leverage. Just green pastures with a house full of cash sitting on it.

9 Feb 2012, 09:12 PM Reply Like

sophos2 Comments (97)

This is all based on a freaking high profit margin. When your products make about 4 to 6 times more profit than your competitors, you get many people that want to party too. Someone will someday create some real product that will match Apple's genius and it will crush their margin...

9 Feb 2012, 10:54 PM Reply Like

madav1138 Comments (2117)

You can get AAPL exposure for a discount through a Nuveen CEF called QQQX and it holds AAPL as 15% of its holdings, and yields 8% with a $15 price tag, not a bad deal if you ask me.

9 Feb 2012, 11:21 PM Reply Like

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