Thursday, September 22, 2011

5 Stocks to Boom on iPhone 5 Release

Apple (NASDAQ: AAPL ) CEO Tim Cook is going to go on stage on Oct. 4 and
finally, after nearly a year of anticipation, announce the iPhone 5 . He also
likely will announce the iPhone 4S , a smaller, cheaper version of the current
best-selling model of smartphone sold by the Cupertino, Calif.-based company.
Consumers already rabid for the company's portable devices will have even more
to celebrate as their lust for the latest and greatest device finally will be
sated. And Apple shareholders have already seen the stock hit an all-time high
in September. The iPhone 5 should push shares even closer to that vaunted $500
price point . The iPhone 5 release also brings good news for telecoms Verizon
(NYSE: VZ ), AT&T (NYSE: T ) and even Sprint (NYSE: S ), while retailers like
Best Buy (NYSE: BBY ), Wal-Mart (NYSE: WMT ) and Target (NYSE: TGT ) bask in the
glow of fresh sales. But these aren't the only publicly traded companies that
stand to benefit from the new iPhone's release. Here are five stocks that can
expect a boom when the iPhone 5 hits shelves:

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