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Stock #3: Apple (AAPL)
Are there names today that you simply have to own no matter the economic conditions? I think there are two and they are both in the technology sector.
At the top of the technology food chain is Apple (AAPL). With a lineup of winning products, including the iPod, iPhone and Mac notebook computers, the future is bright even after all these years.
Recently, speculation regarding the health of CEO Steve Jobs has put a damper on valuation. Such a state is an opportunity for investors to buy quality at a discount.
There is a ton of growth with existing products, so with or without Jobs, AAPL will do well for years to come.
5 Stocks You Don’t Have to Worry About
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/02/five-stocks-to-buy-and-hold/.
©2012 InvestorPlace Media, LLC
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