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jasenj1 (38.65)

Catching AAPL on the bounce?



February 27, 2008 – Comments (1) | RELATED TICKERS: AAPL , GRMN

I dropped AAPL after it fell from $133 to below $120.  It seems to have turned back up now, hoping to catch the bounce, so added it back to my CAPS portfolio.

 Poor Garmin still gettin' no love, though. 

1 Comments – Post Your Own

#1) On February 28, 2008 at 9:39 AM, morningstarboy (33.34) wrote:

Jasen --

I think both companies are poised for a rebound, but GRMN could see a return to loftier numbers sooner.  Their P/E is still a respectable 15.7, just more than half the industry average.  AAPL is sitting at 27.0.

Obviously, P/E is not the sole indicator, and both companies have no long-term debt, but GRMN seems to be in a better position to find their way back more quickly.

Welcome to the CAPS blogworld...

the boy

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