The Best of Kass
Among his posts this past week, Kass explained why he's buying shares of Apple and why some recent news from China is encouraging.
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The Apple of My Buy
Originally published on Friday, Nov. 9 at 8:44 a.m. EDT.
Similar to many, I historically (let's call it over the last five years) failed to recognize how successful a Steve Jobs-led Apple (AAPL) would be as a disruptive innovator of product.
In my "15 Surprises for 2012" (written 11 months ago), however, I waxed enthusiastically about the prospects for the profit cycle and share price for Apple. (At that time Apple's shares stood at $403.)
Again, in July 2012, I wove a positive tale of Apple's long-term prospects.
Nonetheless, when the shares hit $700 in late September, I turned cautious in "The Bear Case for Apple."