Thursday, November 8, 2012

Time to jump back on Apple bandwagon, analyst says


(Credit: CNET/James Martin)

For investors, it may be safe to wade back into the Apple waters again.


That's according to Oppenheimer & Co. analyst Ittai Kidron, who believes the recent pounding that Apple's stock has taken is overdone, and that shares have a chance to rally back.


Apple's recent run hasn't exactly been magical. Its stock is down about 20 percent from its peak in September, and there are plenty of concerns plaguing the company.


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