“Apple was the No. 1 stock recommended to investors by Ticonderoga Securities in 2011, and it holds that title once again at the start of 2012,” Neil Hughes reports for AppleInsider.
“Analyst Brian White said in a note to investors on Tuesday that he is comfortable once again recommending AAPL stock to investors at the start of the new year,” Hughes reports. “He noted that Apple was the best performer in the 20 companies covered by Ticonderoga, seeing growth of 26 percent.”
Hughes reports, “White believes that Apple is a solid choice for investors following a ‘tough 2011,’ even as uncertainty looms over where the economy is headed in 2012. He noted that Apple has proven to be more resilient than other technology companies in the face of a recession.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
I’m thinking the momentous event in 2012 will be the release of the iTV.
Traditionally, AAPL product releases are followed by immediate disappointment, before mindshare (and share price) rebound with product success. Post-partum disappointment in a post Jobs era will be particularly tough, with criticism targeting not only perceived product limitations, but the company itself. AAPL shares will likely dip more than usual after an iTV announcement, which could temporarily hinder momentum.
None of which should ultimately matter.
The big picture is the AAPL story rather than financial minutiae: good products that customers embrace grow the company and its value.
Analysts like Zaky, who understand that, correct their TOST analysis for PBAJ towards BUN. But since not everyone does, BACN generated dreck radiating across the internet is inevitable. Arguably, that too is part of the AAPL story – perpetually bad press that AAPL perpetually overcomes – and part of the fun.
There is no “other technology companies” with as much cash, in as many markets, creating new markets, and dominating all markets that they choose to be in.
In the end, “There can be only one.” That’s Apple!