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Nate Pile: If Obama wins ... bite into Apple

 Oct 02, 2008 04:00 AM UTC
Symbol Sentiment Start Return Closed
AAPL n/a

Graphic_arrow1 Via TheStockAdvisor:  

 "We expect that an Obama-Biden victory will provide a renewed sense of optimism on the part of middle class consumers," says growth stock specialist Nate Pile.

The editor of Nate's Notes suggests, "To profit from this expected trend we would buy shares of Apple (NASDAQ: AAPL)."

"Apple has been crushed this year on concerns about consumer spending. Any improvement in consumer spending that may come from an Obama win should only add fuel to the fire that is already burning brightly for Apple.

"The company's product line-up is one of the best in the consumer electronics space, and as we have been anticipating for a number of years now, success with products outside of the PC market is translating into growth rates for the Mac line that are significantly above the industry average.

"Apple’s stock price certainly suggests that there is a huge buyer boycott going on when it

...




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