Friday, August 19, 2011

The Best Price to Buy Apple

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tdp2664 InvestorPlace 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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