Apple Could Be Setting Up for a Run
Plus, how other tech stocks are shaping up.
"Apple: Product Catalysts Ahead; Reiterate Overweight - Morgan Stanley" is a nice piece, and I was just going to say I think Apple is setting up for a run as alluded to two days ago when I wrote on the Buzz about Apple (AAPL), Google (GOOG), and Goldman Sachs (GS). I'm adding to Apple first of the three. As I've stated previously, the iPhone is a platform and the "iNetbookkiller" product may be as big (or bigger) as the first in the line -- the 2.5G iPhone.
The more I think about this product the more I think this will spur a huge infusion of Apple Computing share into the enterprise, which would be the next holy grail for Apple share price over time.
Much like Cisco (CSCO), the value of Apple's hardware has to do with the underlying software. Once you get hooked on the functionality you stick with the next generation of hardware advancements.
- Rambus (RMBS) -- increased its share buyback. I don't really like share buybacks, never have in fact. But others do and Rambus will be selling much higher in due time. It is below its settlement spike and that settlement was watershed for it.
- Solars -- is it the ultimate market tell now? It is minutely higher currently. I stated yesterday Sunpower (SPWRA) may be nearing a durable low.
- CommScope (CTV) may do it to me again. I took my scalp and it's still moving north.
- What's this I hear about Cisco and some new tech? Wonder if it will coincide with some real government stimulus for the group in March.
- Wasn't that 60 Minutes special about the Bloom box interesting? Could the IPO market be primed for a 2010 flourish after a death in the first quarter?
- One thing I don't want to see is too much new supply.
- Brocarde (BRCD) -- I'm now positive on my premarket Brocarde buy. I'm hanging on, as I said it's a buy in the $5s and a sell close to or over $7.
- Verigy (VRGY) -- I think that report was better than the stock has acted.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter