10 Reasons Why Now Is Not A Good Time To Buy Apple Stock
My nephew called me the other day, the morning before Apple released it fourth quarter earnings last week, and asked me if he should buy Apple stock. His "friend," a stock broker, said he couldn't think of "one good reason why not to buy the stock."
I didn't get a chance to speak with him before he pulled the trigger; My nephew got in at $510 per share or thereabouts. But if I had, I would have shared these 10 good reasons not to buy Apple stock - and they're just as true after that post-earnings collapse.
(Disclosure: I'm a long-time Apple fanboy, I currently have four MacBooks, an iMac, an
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