Facebook Makes Apple Look Extra Cheap
A quick move from the running of the bulls to the ruining of the bulls. We spent at least 30 minutes today in a territory where some may actually have been worried. Never fear, though, as bulls are trying to get back into the game this morning and get us closer to the flatline. As long as we are open, then we have a chance.
I still believe that the best thing for Apple (AAPL) has been the Facebook (FB) filing. Over and over again, I keep reading about how Facebook's valuation makes Apple look cheap. I understand that they both have a bit of a cult following. All right, the word "bit" is probably the understatement of the week. They do have some similarities, but not enough to put Facebook on par with Apple. You could throw a dart a thousand times, and almost every company you hit when compared with Apple would make Apple look "cheap." I really do not believe there is a cheaper growth stock on the market than Apple. There may not be one this cheap ever again outside of a raging bear market or a crash. Apple is cheap. We get it, but the continued comparison with Facebook seems silly....348 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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