After dipping briefly below $400, Apple (NASDAQ: AAPL ) seemed to have corrected sufficiently to begin a new climb higher. Tuesday's trading session, however, saw the stock slide by 2.4%, with another 2% coming during Wednesday morning's session. The catalysts for the fall include reports surrounding a Justice Department investigation and news that Julian Robertson's Tiger Management has pulled its stake in the iPhone maker. While neither of these events is good news, the dip in the stock suggests that Apple has entered a new era of "any reason to run" instead of "any reason to buy."
When the company was firing on all cylinders, investors found any excuse imaginable to buy shares and drive the stock price higher. This type of buying helped drive shares above the $700-per-share level last fall. That mentality has changed significantly, it appears, with snags causing the stock to be punished severely for negative news. Looking ahead, shareholders must now balance the apparently cheap price of Apple against arguably more attractive options from Google or Microsoft.
Best Dow Dividend Stocks To Watch For 2014: Trustmark Corporation(TRMK)
Trustmark Corporation operates as the bank holding company for Trustmark National Bank, which provides banking and financial solutions to individuals and corporate institutions in Florida, Mississippi, Tennessee, and Texas. It operates in three segments: General Banking, Insurance, and Wealth Management. The General Banking segment provides commercial and consumer banking products and services, including checking accounts, savings programs, overdraft facilities, commercial loans, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, and safe deposit facilities. The Insurance segment provides retail insurance products, including commercial risk management products, bonding, group benefits, and personal lines coverage. The Wealth Management segment offers private banking, money management, full-service brokerage, financial planning, personal and institutional trust, and retirement services, as well as life insurance an d risk management services. This segment also acts as an agent to provide life, long-term care, and disability insurance services for wealth management customers. The company operates 140 full-service branches, 17 limited-service branches, 1 in-store branch, and an ATM network with 132 ATMs at on-premise locations and 67 ATMs located at off-premise sites. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
Best Dow Dividend Stocks To Watch For 2014: RIT Technologies Ltd.(RITT)
RiT Technologies Ltd. develops physical layer solutions for the control, utilization, and maintenance of networks. The company provides enterprise solutions to monitor, troubleshoot, and plan the communications networks of datacenters, communication rooms, and workspace environments, as well as to automate provisioning/deployment and asset tracking applications. Its enterprise solutions comprise SMART Cabling System, a structured network infrastructure solution for copper and fiber cabling environments; and PatchView, an intelligent information management system, for gathering connectivity information from networks. The company also offers carrier solutions that provide carriers with network mapping, testing, and bandwidth qualification capabilities. Its carrier solutions consist of PairView, a outside plant management and qualification system; PairQ, a tool for qualifying the ability of a telco?s copper infrastructure to support digital subscriber line services; PairView Pro, a local loop mass verification system that identifies and maps various digital services carried on a telephone line; PairView Sharp, which connects to the copper infrastructure at various points within the local loop; NGPair, a product designed to facilitate street cabinet migration, and automatic main distribution frame and automatic distribution frame installation; PairC, a testing product for copper lines for the service, number, and routing identification of active lines; and PairGuide that collects and analyzes the data sent from the test systems, and updates in the carrier database. The company sells its products through independent distributors, resellers/integrators, original equipment manufacturers, and other strategic alliance partners with cabling companies. It primarily operates in the United States, Europe, Israel, South and Latin America, and the Asia Pacific. The company was founded in 1989 and is headquartered in Tel Aviv, Israel.
Top Safest Stocks To Buy Right Now: Penn Virginia Corporation(PVA)
Penn Virginia Corporation, an independent oil and gas company, primarily engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products. It primarily focuses on developing the Eagle Ford Shale play in south Texas; and the horizontal Granite Wash play in the Mid-Continent region. The company also drills exploratory wells in the Marcellus Shale play in Pennsylvania; and has interests in the natural gas properties in the Haynesville Shale and Cotton Valley Sands in east Texas, and Selma Chalk in Mississippi. As of December 31, 2011, it had proved natural gas and oil reserves of approximately 883 billion cubic feet of natural gas equivalent; and owned approximately 1.1 million net acres of leasehold and royalty interests. The company sells its products using short-term floating price physical and spot marke t contracts. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania.
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