Apple stock has been a high flier for the last 10 years. One anlayst thinks Apple stock could even soar to $600. Ticonderoga Securities thinks Apple’s stock could skyrocket north of $600.
This bold prediction was made after CNBC reported, Apple has just inked a Iphone deal with China mobile. Analyst prediction was based on the following facts:-
- China Mobile is the world’s largest wireless carrier, which has 611 million wireless subscribers.
- In the US, when Verizon got hold of the Iphone, we saw a rise in demand in Iphone. This trend could repeat in China
- Heavy option buying on Apple stock.
written by Constantine Njeru
\\ tags: 10 Years, Apple Stock, Bold Prediction, Buying Stock, China Mobile, Cnbc, High Flier, Iphone, Nbsp, Soar, Ticonderoga, Verizon, Wireless Carrier, Wireless Subscribers
Warren Buffet once said, We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Businessweek has an article of how investors this years are frustrated by stock returns and are now running away from stocks.
Americans continue to be wary of stocks. The Standard & Poor’s 500-stock index is almost unchanged since the end of 2009, and mutual fund investors have yanked money from equities for four straight months. Activity in the options market shows that concern has never been higher that stocks will plunge. At the same time, other indicators, including cash flow and dividend yields, suggest equities are attractively valued.
The article continues to make an argument as to why investors should jump back into stocks. Read the rest of the article at Businessweek
written by Constantine Njeru
\\ tags: Amp, Businessweek, Buying Stock, Cash Flow, Dividend Yields, Money, Mutual Fund Investors, Options Market, S 500, Stock Index, Stock Returns, Stocks, Warren Buffet
Warren Buffet is the best investor in the world, when measured by ability to accumulate money. His investment advice on the best time to sell you shares can be found on the following quote by him.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. By Warren Buffet
By greedy he means when the market is in a bull frenzy and every Tom, Dick and Harry is buying stock. When everyone is buying prices tend to go well above their true value and that is when a smart investor should be thinking of selling.
written by Constantine Njeru
\\ tags: Attempt, Best Time, Buying Stock, Frenzy, Investment Advice, Money, Quote, Sell Stocks, Smart Investor, Stocks Shares, Tom Dick And Harry, True Value, Warren Buffet