“I would argue that the QB of stocks in today’s market is Apple,” Keith Speights reports for The Motley Fool. “But who’s protecting Apple?”
“There are plenty of companies who are physically protecting Apple – at least Apple products. Many of these companies make covers and screen shields for iPhones, iPods and iPads. The most prominent publicly traded of these companies protecting Apple is ZAGG (ZAGG),” Speights reports. “The part of iPhones and iPads that needs the most protection is the screen. The company making the glass that protects the iPhone and iPad is Corning (GLW).”
Speights reports, “Then there’s the possible future protector of the entire device – LiquidMetal (LQMT). Apple has licensed LiquidMetal’s metal alloy technology for a few years now but has yet to roll out an iPhone or iPad incorporating a Liquidmetal casing… I think we have to scratch the idea of tying the protectors’ stock prices to Apple’s valuation. Of course, that still doesn’t mean that these companies shouldn’t be highly valued. Let’s dig further.”
Read more in the full article here.