This week showed a bit of how fickle the market can be when it comes to stock trading. In spite of a good announcement from Apple, Inc. on the 19th of January, the stock fell off the pace more than 11 points. However, RBC Capital recently said that the stock is still a buy and could go as high as $525 a share. While this might be true, the upcoming Conference Call tomorrow evening (5pm EST) will definitely tell a lot of the direction that Apple Inc is heading. While other companies have been downgraded by RBC lately, Apple is one of the few that they are recommending as a buy that is backed up by other research groups including Jeffries Group (JEF).
