I am a big fan of Apple.  So figured it deserves its own thread.

AAPL is currently trading at around $377.  Twelve month median forecast puts it at $500.  I think it can easily reach that level, probably even sooner. GOOG is at $563.  With the gowth estimate factored in, this stock is Cheap with capital C.  It's just that it does tie up significant capital because the entry point is so high.

What say you, folks?

I was seriously thinking about buying some calls for aapl and google when the market collapsed last week..but only thought about it i guess ...and dont have much knowledge about options ...so wasn't that sure ...
Nepali_American, Have you dealt with options?

AAPL probably will get there @ 500.00. And investing on it is just a personal choice. Some of us feel comfortable doing under $5 stocks because we don't have much capital to put in. Some of us under $10, $20.
whenever, i scan for stocks, i usually ignore any stcoks above $30. My experience is if u can catch any good stocks under $20, u can expect 100% return in 6-9 months.
About AAPL, i had bought it @ 97 and sold around 190. Been long time. If i was holding AAPL, i would have made 400% return but I had read Nicolas Darvas in my starting days where he warns against falling in love with particular stock. That has been one of my rules not to get into pricey stocks which i love to own.

 Thanks guys.

@T:  I am too much of a novice to even think about trying my testicular fortitude :-) on Options, Futures, Forex's, etc.   

@O:  That's a good advice.  I am setting aside a  portion of my portfolio for long term, kinda like set it and forget it but re-evaluate every 6 to 12 months, stocks.  I am considering AAPL for that bucket.  Seems like a safe investment, of course relatively speaking, yes?

I bought AAPL when it was at $125 and sold it at $160 because I needed the money to finish my basement.  Had I not done that, I would've multiplied my AAPL wealth by 300%.  Well, I take solace on the thought that at least now I have a finished basement, though my house value has probably declined by 30%.  Go figure.

yes AAPL is beyound my budget too. Too expensive to buy but it centainly is a good investment.I wish they do a stock split and i can afford to buy it But I think Steve Jobs doesn't believe in such things. I was looking for some Airline stock to invest on in this market meltdown but buying at market price right now might be risky because we can't say anything in this volatile market. What you guys think on airline stock for now.I have AMR, LCC & DAL on my watchlist.

 @dalbhat:  not sure about AMR.  It is cheap but seems to be cheap for a reason.  I took a look at their financial data.  Liabilities outweigh Assets.  That kinda scares me.  LCC and DAL look slightly better.  Of course I am going solely by the numbers.  I have no knowledge whatsoever of this industry.  Probably others can provide better advice.

 With Google buying Motorola, I thought Apple's stock might go down a bit.  But guess not.

 Apple is going gangbusters and making me money... on paper for now until I cash out... but is it still time to buy some more of AAPL?  What do you guys think?

 Buy the stock at its peak? Now thats a bad idea. It will only good for long term investments, and Apple might have roadmaps for 5 more years, after the steve jobs effect dies down you never know. Apple might go the Microsoft way. But you never know.

 Just a simple question.. I am just the guy/rookie.. who just watches the Stock Apps in Iphone.. that's it.. i am interested in doing some stock thing.. where can i watch all the stock list.. that the companies are going for.. and where i can buy it if i am interested in some.. ??

May be it would be really a dumb question.. But Vets.. can you enlighten me.. 

 Yahoo, you need to open a brokerage account, like TD Ameritrade or Scottrade or MerrillEdge etc., to trade stocks.  Google to find out which one fits your needs.  As for just research purpose, there are many sites.  Try finance.yahoo.com or cnbc.com or seekingalpha.com or thestreet.com, etc.

 thanks NA, 

i checked on with the scottrade, there is like the minimum deposit of like 500 bucks.., is that necessary.. ?? i didn't get that point.. and other thing is.. okay lets say  APL stock goes for 500 something right now.. can we just get like 1 number of stock? or there is little minimum or something?

to register are we suppose to have deposit of 500 bucks?

I m also interested in stocks n want to invest. But, don't know how to start. I also want to know answer for question yahooize has raised. So many technical terms like short and limit which i don't understand. I want my money to move from bank account to good investment.. Hope some1 provides insight..

That's right Yahoo.  There is usually a minimum deposit amount requirement.  Scottrade is probably on the cheaper side.  TD Ameritrade requires you to deposit at least $2k into their account with which you can later trade.  

In regards to your other question, you can buy a single stock or millions of stocks, all is possible if you have enough money in the account.  

IMHO, it is best if you have $10K to start with because it will be hard to have a diversified portfolio with anything less than that.  Others might disagree.

okay..  i checked in with the scottrade.. $500 is the minimum deposit.. so if we start off.. can we use that $500 for the transaction or.. it will just be the deposit on hold.. and any money beyond that amount would only be availabile for trade.. 

I am just a rookie who wants to know little more.. don't get irritated with my questions Veterans.. It might help others as well who would love to know something new ways to make money.. 

thanks in advance who would love to answer my question

YAHOO

The way AAPL moving is so spectacular. Wall street and main street equally bullish and we have been talking about apple here too.

In past few months, it has out-performed market and has made new highs. The kind of move upward it had recently, has made me kind of suspicious on stock lately. LOt of money has flown to stock lately, any reason to sell will provide sellers oppurtunity to lock down their profit made during last 2 and half years.
Growth rate is slowing and price-action is so bullish. Watch-out fellows......have a stop loss in this stock.

Any fellow chart watchers see things fishy here???????

I think apple is due for a pullback but i dont think it will pull back much because analysts are throwing target prices left and right on this....The hype is too big , Apple has more cash than the US freaking treasury

@yahooize check out zecco and speedtrader, i dont think they have minimums if you are running a cash account, 2000 is the minimum for a margin account on any broker.But I seriously suggest you to papertrade before putting real money on stocks.

 Next iPhone to be unveiled on October 4th.  

 Apple has sent out invitations to select media firms for iPhone5 reveal event to be held on October 4th, Tuesday.