Tech Stock #2: Apple (AAPL)

Posted Jan 2nd 2010 1:30PM by Louis Navellier
Filed under: Apple Inc (AAPL), Stocks to Buy, Technology

It's easy to see why Apple (AAPL) is leading the tech revolution, from digital media distribution to smart phones to personal computing. The company's iPod and iTunes lead the digital music industry, and the iPhone is one of the hottest gadgets out there.

Apple also hasn't forgotten its personal computing roots and has cut into the dominance of Windows with its OSX operating system and fleet of Mac computers.

The company has topped earnings estimates by over 15% for each of the last four quarters and is still riding high on the success of its international iPhone rollout.

Shares are trading for about $200, but keep buying Apple until it crosses the $217 mark.

Next: Tech Stock #3: Baidu (BIDU)

At the time of publication, Louis Navellier owned shares of AAPL in personal or client portfolios.

Tags: AAPL, Apple, Louis Navellier, stocks to buy, tech stocks