Friday, August 19, 2011

The Best Price to Buy Apple

Apple (NASDAQ: AAPL) – With strong earnings and product development second to
none, every major research organization has a "strong buy" rating on this
stock. But it has been in such a powerful bull market with rare pullbacks that
it has been difficult to purchase AAPL stock at a "bargain price." However,
the current stock market decline may offer an excellent opportunity to own stock
in this enormously successful company. A break under its 50-day moving average
(blue line) could result in a pullback to around its 200-day moving average at
$340. Buy AAPL on a pullback.

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