Is apple (aapl) a good buy right now??

Question

all of its numbers are great but some say stay away and others a great buy. i say buy but wat do you say?

Answer 1

No.  There are two factors working against Q3 sales:  the squeezed consumer will buy apparel ahead of electronics and the psychological overhang of Mr. Jobs' exact health status.  I would look to $140 area as an entry point.

Answer 2

Right now, it's at $160/share.  It took 5 years to get there.  To double your money, you'll have to wait probably 5 years, and that's assuming that they maintain their 'trendy' status and keep pouring money into their marketing for another 5 years.

Answer 3

Go short with some put options.

Soon, everything is going to be hurting.

Answer 4

I just issued a buy signal on my blog:

http://tradelines-swingtrades.com/?page_...

However, my blog is about swing trading, not investing. In other words, this buy signal may not hold up for a few weeks. So, it's up to your timeline. We'll have to see. I am very skeptical that the market will hold up here. I suggest that if you are buying shares right now, that you cover your tail with put options. If you do that, you have little to lose. It is warranted to be careful. The financial and credit system in the US is a wreck and it will effect the market for 2-3 more years.

Answer 5

I hope it is a good buy. Apple always brought numbers and We have nothing to suggest it may not do that now. But with the flucuations in the market I would suggest you to be little cautious.