beech_35

Six Stocks to Buy, Five Stocks to Short

I appreciate the author's candor but would restate - NO market is for the faint-hearted. The market will reward investor research and patience, and will mercilessly punish those running with the herd. Having said that, I'd ask Mr. Cherukuri if his decision to sell AAPL wasn't at least a little bit emotionally induced. There was nothing substantive about Apple that would warrant such a selloff, and in hindsight today's closing price will look like a buying opportunity. There are few companies like Apple, and I've long on AAPL since Steve Jobs returned some ten years ago.

Garmin is one of those few companies. It also fell victim to the tech selloff with NO substantive news to warrant it, and is now a screaming good deal at $80. Like Apple, Garmin makes innovative, superior products, with brilliant leadership. I've been waiting for just this opportunity to buy.

Don't like the CNBC news? All the tickers are red? Those who have done their research will find screaming good deals when all the news is bad! Absolutely no one is recommending financial stocks now. What does that tell you?

Mr. Cherukuri, your head is in the right place. Follow it, not your gut. Look for AAPL to exceed its previous highs in January. GRMN will probably exceed them sooner than that.