Now’s the time to buy Apple Inc.(AAPL) stock, according to one Wall Street watcher.
“The case for Apple is simple: Its stock is cheap based mainly on strong earnings and sales growth, and the outlook for further expansion of sales and profits. And the stock's profile, based on such benchmarks as its technical chart pattern and price-earnings ratio, affirms Apple's attraction,” writes Gene Marcial for BusinessWeek.
Standard & Poor’s also recommends buying Apple stock.
