In a hurry, so I will try to make this quick. A lot of the technical stocks I am fond of at the moment are being hit by a market of short-sighted Chicken Littles. Apple continues to grow in market share, pushes out products well-received by consumers in most areas, runs a stable and profitable business, and looks in all regards to be a solid pick for quite some time. If this stock hits sub-100, you would be a fool not to buy and hold out for a bounce back. Once people base their decisions on longer term, generally stable contenders, this stock will most likely come back to its previous zenith of approx. $200. For a mid-term return, dump it at $180.
$122.72 (02/07/08)
