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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (9871)8/18/2010 8:35:55 PM
From: Cogito  Respond to of 20435
 
Oh, damn it to hell. Only one place above the S&P right now. With AAPL trading at a P/E below twenty. Google's not helping me, either, to understate the case.

Well, that just goes to show that there are stocks that are good for short term trades, and others that are good as long term investments. Apple's stock does fluctuate quite a bit, so I guess it's a good trading stock. But I think it's better for the long term, since the share price will eventually come to reflect the fundamentals of the company.