Apple Stock Poised for a Strong Comeback?

[via CNBC]
Jim Goldman seems to think so. I agree with him. With Apple announcing one of its best quarters ever, it’s showing no signs of weakness.
Apple is in a unique position that it’s got a ton of money locked up in its vaults, it has no debt and a strong product line. All these make for a strong company that’s poised to ride out the recession.
Macs have been selling like hot cakes despite the slow down in the economy. People who are buying new computers are seriously looking at Macs. Just this month alone I’ve had 2 people I know …read more