9 Father's Day Trades
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Father's Day Trade #5: Apple (AAPL)
By Michael Shulman
What's the hot gift to get dad this Father's Day? An Apple (AAPL) iPhone.
Apple is an expensive stock, but it sold off on the announcement of the new iPhone 3G S. Ignore the short-term noise. Apple is a great company that is going to beat expectations -- maybe forever. Buy January 2011 LEAPS and sit on them. Your kids will do the same with the phone.
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