Can You Still Own Apple?
by Paul Zimbardo
Apple (AAPL) has fallen from 27% in the past month and investors are scratching their heads. Apple started 2012 with significant appreciation but has been in a tailspin since hitting $705. Optimism surrounding the company has vanished and the media is now extremely critical of Apple. Now more than ever it is important to monitor developments for the company and its competitors. Below I will layout the reason why I continue to recommend Apple (after much internal debate) and, as a supplement, present complementary option approaches. I utilize conservative covered calls to simultaneously generate income and reduce your effective cost basis. For details on my methodology please consult the first article in the series as well as my Instablog. read more »
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Apple Is No Longer A 'Don't Buy' by The Financial Lexicon
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