Chasing Value: Apple may be one again - Sheldon Liber

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1 pt	Chasing Value: Apple may be one again
	Dec 01, 2008 08:10 PM UTC

Sheldon Liber

Return	Risk
-9.36%	LOW

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Symbol	Sentiment	Start	Return	Closed
AAPL		12/01/08	+0.30%	--

Via BloggingStocks:

Filed under: Products and services, Management, Competitive strategy, Apple Inc (AAPL), iPhone, Chasing Value, Stocks to Buy, Technology

There are few topics as popular on BloggingStocks as Apple Inc. (NASDAQ: AAPL), one of the original eight we focused on. In the past 52 weeks, the stock has fallen from a high of $202.96 to a recent low of $79.14 amid the greatest market turmoil in 80 years.

Everyone has finally agreed that we are in the midst of a severe recession, and Wall Street has punished Apple, the inventive high flying growth story, because of fears that a slowdown in consumer spending will stall its market expansion.

Black Fridays promise aside, the market is in a wait and see mode. In the meantime, after five consecutive trading days in the upward direction, Apples shares closed Friday in a shortened trading day at $92.67, down for the day but notably off

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