Wait for Catalyst to Get Back Into Apple, and a 'Strong Buy' Signal to Add to Google
Posted on December 12, 2012 at 14:09 PM EST
MINYANVILLE ORIGINAL We wanted to give Minyanville readers an update on four tech names that we have opined on recently. The first name is of course Apple (NASDAQ:APPL). Why do most retail investors lose money investing in the market? Emotion has a lot to do with it. Buying purely to buy without a real catalyst is a failure in strategy or a lack thereof. Buying Apple on fundamentals clearly did not work as the stock retraced from $700 to $550. It was a pure guess to determine the fundamental valuation. Remember -- price leads fundamentals. You need a catalyst ...