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Old 07-15-2011, 06:21 PM
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Quote:
Originally Posted by Griffoun View Post
I think last quarter could be a good one, but the outlook could disappoint. I'm seeing more iPad2 flooded on the shelves now, even people were talking about tsunmai that hit Japan could impact iPad2 component supplies. Also, AAPL has a history of losing ground the day after they report. It's still cheap for its P/E, but it's also up 50 bucks in a month.

What do you think?
Stock is priced in for earnings unless they beat earnings numbers by quite a bit like Google did. I like OXY more at this point because OXY dropped from like $117-118 to about $100 and is now at $104 take or give. I doubt OXY will miss earnings. Pay attention to all the $110 and $115 August calls on a daily basis for buying activity. MCP and NVDA also should do well.
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