Apple Iphone Stocks
Is it too late to jump on the Apple IPhone stock bandwagon????
Who cares what Cramer says, or even I say for that matter. Look at the fundamentals and the charts and make your own decision.
Fundamentals-
+sales growth-outstanding
+revenue growth-ditto
+debt/equity-fabulous
+5 year earnings growth-supurb
+the last 4 quarters earnings growth over the previous 4-Q =very, very, good
+PEG for this year-great
-PeG for next year-not so good
Technicals
-MACD-stochastics-negative
-Price and Volume – negative
-Money Flow – negative
-Price increase last 6 weeks – up 25% = hard to sustain
-AAPL down 5 today 6/13/07 when the market exploded up.
In this case, I’d have to agree with Cramer. Let the price come down to 110 (to the 50 day linear regression, 3-sigma line) or so before buying.
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Apple iPhone 2.0, AT&T and stock market