Can one company carry an entire sector in the stock market? That question is something that many have asked, but the fact remains that one company can really save a certain section of the stock exchange from falling right into the depths of doom. Apple Computers(or AAPL), has been a company which prides itself on innovation. Apple can also pride itself in helping carrying the stock market, or at least the tech sector.
Apple Computers Shoulder Burden of Tech Sector Losses in Stock Market With Great Gains
When you look at the big picture of the stock market, it is one that can be rather deceptive. While the market might seem on the rebound, each and every day, there are individual companies who have stocks that are undervalued and thus they are on the way down. One should consider strongly what exactly they might be investing in. Investing in a strong market but in a weak company who is not gaining forward momentum will do no one any good.
In the big picture, a certain sector will remain rather strong. A certain sector will continue to drive the market, to the highest heights, but looking in each individual company within those particular sectors right in the Stock Market, you are beginning to see the companies are doing well are about what you expect, in general.
There is a reason why certain companies are spotlighted, as they are the companies that are safe investments and will do well. Maybe not as well as they would do in a stronger economy but these companies will do well enough.
Which brings us to Apple. We all know Apple. We might not all love this company, but it is hard to not hear of all of the products that it puts out. The profit of 11.6 billion dollars that Apple reported is something that the company should be proud on its own.
There is another source of pride however, and the fact is this profit might be the life jacket that keeps the tech sector above the black line of the stock market. If Apple would go out of business tomorrow for whatever reason or if they were somehow otherwise not a factor, then there is a chance that the tech sector would be several levels below what it might be.
The market is many levels deep and in the end, one company or a stable of companies can really mean that main different from breaking the market and raising the market right up to the levels.
Take Apple away, and we are looking in loss territory, as opposed to profits.
The power of the Apple is strong and apparently, it is more than clear than an Apple a day keeps the Stock Market at bay and in the black. Other companies would tend to give up a lot of self respect for the influence Apple has on the market.
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