How low can Apple go?
In this edition of Investor Beat: Shares of Apple fall in the wake of bad news from a supplier.
Intel (INTC) reported a decline in first-quarter profits from the same period a year ago. PC revenue slipped 6% but the company's data center revenue was up 7.5%. Yahoo’s (YHOO) first-quarter revenue was flat but display advertising dropped 11%. Bank of America (BAC) quadrupled its quarterly profits but still failed to live up to investor expectations. And Mattel (MAT) posted big profits thanks to its American Girl and Monster High dolls. In our second segment, a look at four stocks making moves.
Google (GOOG) reports earnings on Friday. Will the tech giant and Android continue to gain market share in mobile? And will Chipotle (CMG) serve up any surprises when it reports earnings? Our analysts explain why they’re watching Google and Chipotle.
The Motley Fool’s 12 top stocks for 2013 are now available! So if you’re tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2013: The Investor’s Guide to the Year Ahead. It’s The Motley Fool’s current top report, and includes Chief Investment Officer Andy Cross’s TOP STOCK FOR 2013! This under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet. Find out what it is and how YOU can take advantage of this unseen company’s huge profits in this special, 100% FREE report, just click here now.
"Cash is going to be the king!"
You were doing okay up to the "cash" thing. Not. Fiat money is everywhere. Expect it to cause new problems as mongers accumulate it but not use it as currency. It's far more likely that we'll call the Dollar for all the bogus ways it has been abused and issue a new currency that actually circulates. You won't get it in equivalency, that's for sure.
Yes, inflation is low and we can even have deflation soon! Yes, despite all the money printing, deflation can show it's ugly head. Google for IS DEFLATION POSSIBLE IN KONDRATIEFF WAVE to understand why it is very likely to happen! There is nowhere to hide, there is nowhere to diversify! Cash is going to be the king!
How low can AAPL go? I forecast two years ago the Gadget Emporium was headed, with or without Mr. Jobs, within three years, to a price range of between $350 and $375.
So far, so good . . ..
Copyright © 2014 Microsoft. All rights reserved.
Sheldon Lavin's company is the parent of the Chinese entity under investigation by Shanghai authorities for using expired meat.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.