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Apple No Longer a Strong Buy?


The downgrade from "Strong Buy" to "Buy" does not mean you should short the stock, however. Consider reducing exposure instead.

MINYANVILLE ORIGINAL We have downgraded Apple (NASDAQ:AAPL) from a Strong Buy (5 Rating) to a Buy (4 Rating). Our proprietary algorithm both on the rating and countertrend measures have worked well with Apple. This downgrade does not mean that you should short the stock; we recommend reducing exposure and waiting for further indication to get back into the name.

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