The American pick

Date: 2006-10-19

Ticker: AAPL

Event:: Apple 3Q result release

Title: The American pick

Content:

Like its logo, Apple’s 3Q result seems not so perfect. Yes, current quarter’s EPS is ok. Core products are not so bad. But there are still many cloudy signs. Forecasts not good as analysts had expected, iPod sales slowing down, future good but merely conjectures. If you have seen the market’s cautious reactions on other companies with even better results these days, you would be wise enough to sell off to avoid loss.

But forget it. We are talking about Apple.

So “disappointment” becomes company’s “conservativeness”. Positives less negatives result positive. Apple wins.

This company seems to be an icon for American, an enterprise with profit and respect. For a long time, there are two stocks with “Strong Buy” tags all the time. One is Apple and Microsoft takes the other slot. But they are regarded different: a returned superman and a profitable evil. Listen to Jim Cramer’s program and you will know how many people buy Apple shares simply because they like this company. It gets supporters from iPod, Mac, Macbook, etc. A representative of so-called American spirit, sometimes I feel.

So the release seems to be only a long waited catalyst. People are waiting for so long and who would be so picky at this supposed-to-be party moment. Nobody.

That sounds insane but it’s true. If we can harvest profit, fundamental, love and dignity all in one stock, isn’t it perfect?

Wall Street shows its sentiment sometimes.

If you are looking for more such stocks, have a look at ORCL and CSCO.

Is this love that I'm feeling
Is this the love that I've been searching for
Is this love or am I dreaming
This must be love
Cos it's really got a hold on me
A hold on me

-Whitesnake, “Is this love”