Saturday, October 04, 2008

Stock Market Open Thread

The recent instability in the market is creating some buying opportunities for those who believe that we will weather the financial crisis (I'm not sure I'm among them, I'm considering converting my investments into something stable, like an alpaca farm...), AAPL's been looking really good to me in the past few days. Near their 52 week low, stock battered by false Jobs death rumor, not outrageous P/E, still lots of cash on hand and a very strong balance sheet. What's looking good to you, and why?

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