I had a trailing stop order in place that was executed at the first minutes of Tuesday's session. As I saw aapl pop up 5 pts, I felt that I had made a mistake, but in retrospect, maybe not. I am buying in again. Now that it is below 180, what does anyone on this blog think it will fall to. Or,....
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aapl is absolutely the best company out there today, with growth prospects across their entire line of products. When the ATT exclusive runs out, say in 3-5 years, the iphone will explode. In addition, aapl is certainly working on advanced versions that will make the existing iphone seem simple in retrospect. Although Google is also growing and is priced at a similar PE multiple, it is much more speculative. aapl has the products and steady improvements will continue to drive the business. I won't be surprised to see aapl at $300 in 12 months.
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