2007-03-16 00:20:07 · 8 answers · asked by ? 1 in Business & Finance ➔ Investing
better you wait for some more time.
2007-03-16 00:24:10 · answer #1 · answered by nightingale 6 · 0⤊ 0⤋
I'm not crazy about Apple. The iPhone is certainly no iPod. Far from it. I would get into Ebay instead, or Immucor. Those are some real growth stocks. Apple is a one trick pony (iPod) in my opinion. I love their computors, but computors are commodities now. I don't think the iPhone is going to be a money machine. There's nothing there that can't be imitated more cheaply by a dozen other companies.
2007-03-17 02:16:16 · answer #2 · answered by Yardbird 5 · 0⤊ 0⤋
The iphone will be the next big thing for apple. Picking individual stocks is difficult. Most stocks will follow the trend of the market, meaning if the market is in a down turn, the stocks of good companies will go down. With the recent weakness in the market, it may be a good time to wait a bit.
Get a copy of Investor Business Daily. There is a daily feature on the front page about the market's direction.
Take a look at William O'Neil's books (founder of IBD)
2007-03-16 08:42:31 · answer #3 · answered by cramer.fan 2 · 0⤊ 1⤋
The iPhone was priced into Apple stock the day it was announced. Unless you have reason to believe that your forecast for the impact of the iPhone on Apple earnings is better than Wall Street's, that ship has already sailed.
2007-03-16 08:42:04 · answer #4 · answered by BosCFA 5 · 1⤊ 0⤋
Actually, I heard on the WallStreet Journal radio that the i-phone is already obsolete. A reveiw at the latest electronic trade show listed the neo-phone a hands down winner over the i-phone. I wish I a site for you.
2007-03-16 08:40:20 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I believe this is a good time to get into shares. But, please do not put all your investments into one basket. How about 40% on Apple and the balance 60% on others?
2007-03-16 07:26:01 · answer #6 · answered by SGElite 7 · 0⤊ 1⤋
wait until the backdating options scandal clears then if Stevie is still around think about buying it.
2007-03-16 19:24:32 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Yes.
2007-03-17 03:01:58 · answer #8 · answered by Anonymous · 0⤊ 1⤋