Apple Stock Forecast: Playing AAPL – S&P 500 Spread As “Market Neutral” Strategy.
By Lipa Roitman Ph.D.
September, 14 2012
Apple (AAPL) is now the most valuable company of all time. Rumors of new iPhone and the release of the iPhone 5 have been running rampant of late, helping to give shares their latest boost. Being in a high-tech field, AAPL stock has a different dynamics than the rest of the market. Thus playing AAPL against S&P 500 is an interesting proposition. Both AAPL and SPY “Spider” have large market capitalization and are considered relatively ‘safe’ investments.