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Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Featured Story

    Why It's Not Too Late to Buy Apple Inc. (Nasdaq: AAPL) Stock

    While many investors were bailing on Apple Inc. last summer, Money Morning Capital Wave Strategist Shah Gilani was recommending it.

    Gilani, a retired hedge-fund manager who runs the Capital Wave Forecast and Short Side Fortunes advisory services here at Money Map Press, often makes counter-intuitive picks; the same day he made his call on Apple, he recommended Microsoft Corp.

    In this Q&A with Money Morning Executive Editor William Patalon III, Gilani explains what he likes so much about Apple...
  • aapl news

  • Why Apple (Nasdaq: AAPL) Wants Japanese Chip Maker Renesas Apple Store Apple, not known for big acquisitions, is looking at buying a 55% stake in Japanese chip maker Renesas for $482 million. The company happens to be the world's largest producer - and top expert - in one area of technology of crucial importance to Apple. Hint: It has to do with the iPhone...
  • Apple TV (Nasdaq: AAPL) Will Be Huge in 2014 – But Not Because of Comcast Apple TV Apple TV will indeed make a splash this year, but all this business with Comcast is a red herring. In fact, there are two big changes Apple can make to its $99 set-top box that will go a long way toward turning it from a "hobby" to a major source of revenue...
  • How Apple Inc. (Nasdaq: AAPL) Will Dominate the Wearable Tech Wars Apple Store Apple has quietly been putting together a strategy that will allow it to gain the upper hand in a wearable tech market expected to explode over the next few years. That strategy revolves around the one thing that will drive the most people to buy and use wearable tech devices...
  • Surrender on Apple Stock Buyback a Rare Loss for Carl Icahn Icahn

    This doesn't happen very often.

    Carl Icahn has been foiled in one of his activist investing ploys, and by none other than Apple Inc. (Nasdaq: AAPL).

    Icahn's bid for an Apple stock buyback worth $50 billion ran aground today (Monday) when an influential proxy voting service, Institutional Shareholder Services Inc. (ISS), sided with Apple.

    To continue reading, please click here...
  • Why Apple (Nasdaq: AAPL) Stock Will Hit $1,000 in Two Years 20140115MR1

    Apple Inc. (Nasdaq: AAPL) stock is currently trading just over $559 - and Money Morning's Defense & Tech Specialist Michael A. Robinson thinks it will climb 79% in the next two years.

    Robinson sees AAPL hitting $1,000. A major reason for this bullish forecast: China.


    To continue reading, please click here...
  • What the China Mobile Deal Means for Apple Stock (Nasdaq: AAPL) Apple Store

    After months of tantalizing rumors that Apple and China Mobile Ltd.  (NYSE ADR: CHL) were on the brink of an agreement to allow China's largest carrier to sell the iPhone, the companies finally confirmed the deal yesterday (Sunday).

    It's a big new market for Apple's primary profit machine, so it should give Apple (Nasdaq: AAPL) stock a huge boost - right?

    Well...sort of. But don't put in that order for a new yacht just yet...

    To continue reading, please click here...
  • The 10 Biggest Companies in the U.S. Today Tall buildings The numbers are in, and the amount of money fueling 2013's biggest companies is staggering...

    The 10 biggest companies in the U.S. today earned a combined annual revenue of more than $2.2 trillion in fiscal 2012. That's $1.35 trillion more than the country's credit card debt, and $1.17 trillion more than total student debt.

    These moneymakers have been ranked based on total revenue by Fortune. All of them are incorporated in, operated in, and filing taxes in the U.S.

    To continue reading, please click here...
  • Silver Set to Double, According to… Apple? Silver Spot Prices per Ounce

    We all have our reasons for following Apple. I track it because this tech behemoth is a massive global consumer of metals - base, rare earth, and precious.

    And right now, Apple is giving us some surprising indications that the demand for silver is much higher than its current price would have us believe.

    Here's how the rumors flew...
  • Why Apple (Nasdaq: AAPL) Stock Will Surprise You in 2014 12042013SG

    Many people on Wall Street wrote off Apple (Nasdaq: AAPL) stock after it plunged from its high of over $700 in September 2012 to below $400 by April 2013.

    But not Money Morning Capital Wave Strategist Shah Gilani.


    To continue reading, please click here...
  • Apple Stock Price Headed Higher Despite Muddled Earnings 10292013SG The markets weren’t quite sure what to make of Apple’s murky earnings report, as its shares lost, then gained, and then lost again after the release. But Shah Gilani couldn’t be happier with its overall performance. Even the “Reluctant Bull” had trouble hiding his enthusiasm for the stock. Here's why he thinks Apple is going gangbusters...
  • Today's Apple (Nasdaq: AAPL) Earnings Preview

    In the middle of earnings season, Apple (Nasdaq: AAPL) is claiming center stage as it readies to release its fourth-quarter results after the closing bell today (Monday).

    Apple stock is up 0.5% at $528.34 today, having risen nearly 25% since its last earnings report, and today's results will include the initial impact of the company's latest iPhone and iPad release. AAPL is trading in a 52-week range of $3.85 to $614.00 and at about 13 times forward earnings.

    To continue reading, please click here...
  • Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)

    Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.

    Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.

    To continue reading, please click here...
  • The Carl Icahn Letter to Apple CEO Tim Cook Writing p>Legendary hedge fund manager Carl Icahn is ramping up the pressure on Apple Inc. (Nasdaq: AAPL) to greatly accelerate its share buyback efforts.

    Icahn has been pushing Apple CEO Tim Cook to buy back more shares with its giant $147 billion pile of cash since mid-summer. Last month, Icahn had dinner with Cook to make his case personally.

    To continue reading, please click here...
  • Why the Apple (Nasdaq: AAPL) Stock Price Will Double from Here apple with a heart

    I have such an intense enthusiasm for Apple Inc. (Nasdaq: AAPL) that my collection of the company's products sounds a lot like the lyrics of a famous Christmas song: five iPhones, four wireless routers, three MacBooks, two Apple TVs, and one pair of iPads.

    And while my love for the company's products is great, and would certainly be a factor, I can assure you that my analysis of the profit potential posed by Apple stock will be like any other recommendation I make - completely objective.

    To continue reading, please click here...
  • Why This Week's Apple Earnings Matter So Much More than Usual Company Apple iPad

    Monster Apple earnings in the December quarter would do wonders for Apple stock - but don't count on that happening.

    Apple Inc. (Nasdaq: AAPL) earnings for Q1 2013 are due out Wednesday after market close, and Wall Street estimates range from a 14% decline to a 12% gain. Apple's own guidance is for earnings of just $11.75 per share, while the consensus on Wall Street is for earnings of $13.41 per share.

    Even if Apple earnings match Wall Street expectations, $13.41 per share would actually be a decline of more than 3% year-over-year, a far cry from the stunning 118% gain the company reported last year. The psychological impact of declining year-over-year profits for the first time in nine years could ding the stock.

    An actual earnings miss - even by just a few pennies - would be more dangerous for Apple stock, meaning the likelihood that Apple stock will fall after earnings is higher than usual.

    Here's how Apple got in this vulnerable position.

    To continue reading, please click here...

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