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Apple's Turnaround

|Includes:Apple Inc. (AAPL)

I think that we can all agree that owning Apple has not be favorable lately. A year ago I heard several predictions that AAPL shares were going to hit 1k. I called bs. Now I am hearing predictions as low as $400. Again, I am going to call bs. Sure AAPL shares were overpriced and that glass has somewhat shattered, but the company still has some solid assets. Using Crowd Prospectus, we can see that the tenure tantrum has died down and people are beginning to resume their Apple fanboy status.

(click to enlarge)Click to enlarge

If you think that this stock still has potential and you are looking for a good deal, right now might not be a bad time to get in. This might not be the true bottom, but it is definitely better than buying shares two weeks ago.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in AAPL over the next 72 hours.

Stocks: AAPL