Apple Inc (APPL) money spent wisely?
Apple Inc (AAPL) — Many investors are seeing opportunities to buy quality shares at low prices, that’s no exception for Apple (AAPL) being a major blue-chip company Apple is prime target for these investors, they generally cherry pick the top stocks and instead of buying all at once they consider taking half at a time, so you can use them selling against the remaining portion.
Apple recently saw a low of $96 much lower than its 52-week high of $202.96 but extremely close to its 52-week low of $87.54 this could be an ideal opportunity to use the 50-50 strategy, although this is not for all investors but could be for you if you are comfortable buying stocks creatively in a terrible market.
So if we look at Apple (AAPL) today shares were trading at $95.17 a decline of 3 percent some would say that the shares won’t recover as Apple is in-line to feel the credit crunch like any other company as we move into 2009. But if we listen to the richest man in the world, Warren Buffett he has said many times, the best time to buy stocks is when others are fearful, so you chose, what is your opinion on buying cheap stocks In a troubled market? And more importantly would you buy stocks in Apple (AAPL)?