Why Apple Is Still A Buy Despite Its New Industry Classification
By Marshall Hargrave : Apple ( AAPL ), interestingly enough, suffers from a couple problems, none of which are all that bad to have. One is its new industry classification. Its $400 billion plus market cap puts it into a unique category; a 'new' industry that includes mega-cap stocks. Something ...
Read the rest of this article on Long Investing Ideas from Seeking Alpha
Related Videos
-
Low Volatility vs High Dividend: Which One Is Better?Morningstar ETF Invest Conference panelists discuss the similarities, differences, and appeal of these two strategies in today's low-growth, low-return, and high-volatility market.
-
Apple's Recent Price Drop No SurpriseThe decrease in the tech giant's shares are no cause for concern, says Fidelity manager Sonu Kalra, who suggests looking at past correlations between Apple's price movement and product cycles.