Apple is down 30% from its peak. Should you sell or not? In this video, Jeremy Phillips makes the argument to hold on. Drawing a parallel to Netflix, Jeremy argues that selling now will simply lock in your losses. Netflix investors who sold because the stock declined missed out on a great rebound. The only reason to sell Apple or any other beaten-down stock, he says, is if you think the company's fundamentals have significantly changed.
Selling Apple Today Could Doom Your Portfolio
By Jeremy Phillips and austin smith – Mar 16, 2013 at 2:00PM
Don't make the same mistake as the millions of people who bailed on Apple and locked in their losses.