Apple Is Still Vulnerable, Could Test $250 in Bear Market
A familiar and often controversial topic over the past year or so has been my very negative forecast for Apple. As you know, we do not buy or sell individual stocks as part of our investment strategies but used to view Apple as THE market leader and now a bellwether stock.
Long-term, nothing has changed in my view, but I do think a potential rally is setting up that could take the shares into the mid $500s. I will discuss this in more detail in the next issue of Street$marts shortly.
Below is the interview I did with Matt Nesto at Yahoo Finance as a follow up to previous Apple segments.