News and commentary

Sector Report Trade Alert

By Richard Suttmeier
Updated: Wednesday, October 22 2008 09:10:AM

Name: APPLE INC
Ticker: AAPL
Action: Buy
Entry Date: 10/22/2008
Entry Price: 96.50
Risk Level: Medium
P/E: 17.89
P/S: 2.63
Market Cap: 81.049B
52 Week H/L: 202.96 / 85

Upgraded to buy according to ValuEngine so I bring the stock back into the model portfolio at the open. I will add to the position on weakness to my annual value level at $89.54, where we bought it once before. I will book profits on strength to my annual risky level at $112.37. The stock came out of the model portfolio at $116.39 on October 14.