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Archive of entries posted on 24th April 2012

Europe’s woes are back with a vengeance. Apple reports tonight.

Europe’s woes are back with a vengeance. Apple reports tonight. Its results will be good, but not stellar. Apple  shouldn’t be weak on fundamentals. Its P/E is a modest 16.3 (modest for a high-growth stock). But the company trades on emotion and buzz. When that ebbs (as it has lately), then the stock falls. Last […]