Stock picks for September 27, 2013

My stock pick once again is…Apple! AAPL is trading at $482.75 at the end of this Friday evening. There are a number of things that make this stock attractive to me. Everyone and their mother knows that Apple released the iPhone 5S and 5C. Apple expects sale of their new iPhones to reach up to 9 million in the first weekend! They also rolled out their new operating system, iOS 7 which has had a very positive reception among users and experts alike. In addition Barclays Capital has raised their price target for Apple up to $540. Although price target is not a reliable figure to look at, it is optimistic when you consider Goldman Sachs ($560), Duetsche Bank ($575), and Lazard Capital ($570) have all raised their price targets for this stock. 


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