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How To Be Cautiously Bullish On Apple


 

There is no doubt that Apple (AAPL) had a remarkable run in the last three months. It reached another all time high Thursday at $633. Some people would argue that it's gone up too far too fast. Others say this is only the beginning, based on the fact that the stock is still cheap. Maybe you fall somewhere in between.

 

You think that the company is going to have another blowout quarter and the stock will easily go up another 10% after earnings. But you are also cautions and realize that any mistake or earnings miss might cause a selloff.

 

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