Tuesday, January 19, 2010

Stock of the Day

Apple

Now normally I wouldn't be the kind of person to choose to go with a company already quite high, but Apple offers a great amount of potential for the future. Their stock currently goes for 210.28 a share and have been on a steady increase since January of 2009. This may not be the stock for you if you are looking to make 300% increases on your investments, but it does seem like a safer route to go. Not only this, but Apple has split its stocks three times before:

June 15, 1987
June 21, 2000
February 28, 2005

Based on the very high price per share, the company is most likely; since most stocks try to stay close to $100; to split again to gain more potential buyers. This gives you the chance to double your investment when this happens by giving you double the amount of shares that you bought in for.

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