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Apple Inc. (NASDAQ: AAPL) should be a core holding in any portfolio.
It is one of the best-run, most innovative, and profitable companies in the world. Its products are far superior to its competitors', and its ability to innovate continues to amaze.
Apple is one of the tech companies surviving the bear, and you will not find a better investment in the market.
All of this nonsense over the health of company leader, Steve Jobs, has put a cap on its share price. With gains in personal computer sales, continued dominance in music with its iPod and the huge potential of its iPhone, the future of AAPL is certain no matter who is at the helm.
At a minimum, there is five years of huge growth potential with just the current line-up of offerings. Include any new products that come as a result of research and development, and AAPL will be set for years to come. It just doesn't matter what happens to Steve Jobs.
You have to own this company, and anything below $100 is a steal.
Take a look at all four Wall Street Presidents Day sales.
Jamie Dlugosch is a contributor to OptionsZone.com.
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