Posted by: macintoshsisters | February 28, 2007

Analyst: Apple Is Ripe For A Buy

Analyst: Apple Is Ripe For A Buy
Joshua Lipton

After chatting with an Apple executive at a technology symposium, at least one equity analyst is bullish on the future of the Cupertino, Calif.-based company.

Goldman Sachs analyst David Bailey recently sat down with Apple’s (nasdaq: AAPL – news – people ) chief operating officer, Tim Cook, a meeting that left the analyst feeling very confident about the computer maker. There was no breaking financial news to report from the sit-down, Bailey told his clients, but the meeting reinforced his view that Apple shares represent a core holding and should be bought on any weakness.

FULL article at Forbes

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