In the following video, Motley Fool tech and telecom editor Erin Kennedy sits down with Fool tech analyst Andrew Tonner to discuss her first stock, Apple (NASDAQ: AAPL ) . She notes that like many other Apple investors at the moment, she had hoped that she was buying the stock at a low and that it seemed undervalued. Though the downward slide it has made since then has been painful to watch, both Erin and Andrew agree that their investing theses haven't changed on Apple, and they're going to hold for the long term.
Despite its recent backslide, Apple has been a longtime pick of Motley Fool superinvestor David Gardner, and has soared 214% since he recommended it in January 2008. David specializes in identifying game-changing companies like this long before others are keen to their disruptive potential, and he helps like-minded investors profit while Wall Street catches up. I invite you to learn more about how he picks his winners with a free, personal tour of his flagship service, Supernova. Inside, you'll discover the science behind his market-trouncing returns. Just click here now for instant access.
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Report this Comment On January 17, 2013, at 12:46 AM, SimchaStein wrote:
This is not the first time Apple's stock has had a serious (unexpected) decline (in the last 6 years). The price target (median of 51 analysts) barely budged just -1.4% while the stock took a 30% hit.
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