Don’t Ditch Apple Inc. (AAPL), But Approach With Caution

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There’s no doubt that Apple Inc. (NASDAQ:AAPL) is at the center of technology’s largest revolution ever, and that longtime shareholders have been handsomely rewarded with over 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. Apple can hold on through its sales of dominating products and can even grow if it develops (or implements) a better foreign strategy as both Oracle Corporation (NASDAQ:ORCL) and Google Inc (NASDAQ:GOOG) are doing.

In addition, Intel Corporation (NASDAQ:INTC), IBM, and Google are all up double digits from their April bottoms. The sector is enjoying rallies that are typically reserved for an environment filled with great news and rosy reports. Considering the price of these stocks and the potential for rebounding movement, being long on these stocks is still a good idea.

Bill Edson has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Oracle..

The article Don’t Ditch Apple, but Approach with Caution originally appeared on Fool.com.

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