Friday, November 9, 2012

It's Time to Buy Apple

Over the past six weeks, Apple (Nasdaq: AAPL  ) has seen the mother of all sell-offs, pulling back over 20% from its all-time high and officially entering "bear market" territory. So far today, shares have traded as low as $541.19. That's a solid 23% lower than the intraday all-time high of $705.07 set on the very day that the iPhone 5 launched at the end of September.

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Imagination is more important than knowledge. Knowledge is limited.