Tuesday, March 5, 2013

AAPL: Apple Hits 2.5% Yield: This Should Be A Bottom

Apple Hits 2.5% Yield: This Should Be A Bottom
by Bill Maurer

On Monday, shares of Apple (AAPL) dipped below the $424 level, and closed just above $420. Why is the $424 level key? At $424, Apple's $10.60 annual dividend yields exactly 2.50%. With Apple closing below that key level, the yield in this stock is up to more than 2.52%. Today, I'll explain why I believe this price point could mark a bottom in the stock, and why I purchased shares for a short term trade. read more »

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More on AAPL

Buffett Has The Solution For Apple by Brian Grosso

Apple Is Still Cool by Jacob Steinberg

Apple Does Not Have $137 Billion In Cash by Jarrod W. Jacinth

Other articles that mention AAPL

Apple Could Learn A Thing Or Two From Qualcomm by Bret Jensen

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Apple, Google, And The Nasdaq 100 by Bespoke Investment Group


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