Stocks and bonds?

Question

Has anyone purchased Starbucks, Home Depot, or Apple stocks lately? Are they good to buy at this time?
P.S. I asked this question yesterday I accidently clicked on that "no additional answers" from that Yahoo pull-down menu. I would appreciate additional answers. Thanks.

Answer 1

Know first that one of the keys in the market is knowing when to buy and sell. I could give you great stocks all day, but if you didn't know what to do with them, it wouldn't help that much. So, you must take some time to learn. It will help immensely in the long term.

That said, here goes.

AAPL's been great and should continue to do very well for a while, even with the recent run up.

We had a nice pullback last week allowing yet another great entry. My options are doing swimmingly this week as expected. They have a great upside potential with their new iphone coming out. That'll bring even more traffic to their already extremely popular stores. More and more people will buy Macs and soon AAPL will be off the charts. (We're very far from saturation there!)

HD is ok. There are other retailers I like better overall like TIF, TGT, CROX. HD seems to be going mostly sideways, so there are other places I'd rather have my money.

Same with SBUX. SBUX has been in a downtrend lately and I'm not one who likes to catch a falling knife. Not when I could have my money in POT or PCP or any of a number of great movers. TNH or CF perhaps?

Those are my thoughts. Hope that helps!

6/17/07

Answer 2

Again this is just my $0.02...

Apple is a good company, and will probably do well long term. However it has run up a lot lately, almost exclusively on hype about the iPhone. At this point the world basically expects the iPhone to be the greatest thing since sliced bread (or more accurately the iPod) and if anything is less than perfect about it (and with a new bit of technology that's a good bet) then you can expect that disappointment will cause Apple's shares to drop. You might wait a few weeks and see if this happens, and then invest. I like Apple a lot (I'm a once and future stockholder and I'm typing this on a Mac), but not at these prices.

Starbucks is at about the lowest price its been all year--which may be a good entry point, if the company's price has dropped due to factors that don't effect its long term ability to make money. I don't really follow Starbucks, but I know two things about it:
1) It has an incredibly strong brand--you should just see my sister when she gets a coffee fix.
2) Its incredibly expensive--its selling at 35x earnings (the market is something like 18x) and there's already a starbucks on every corner. I'm doubtful that the company can grow fast enough over the long term to justify its stock price, but I could be wrong, and near term the stock could head in the opposite direction.

Good luck, and remember I could be very wrong.

Answer 3

AAPL is really an interesting play. They have been running up for quite awhile so the stock is expensive. But, the iphone comes out on June 29. Unless it has gliches, it could be absolutely huge.