This morning as I do pretty much every morning I looked at the currency exchange, how the NASDAQ, Dow and S&P 500 were doing along with several stocks I am following. The stocks I am following are Google, Apple, General Electric, Ford Motor Comp and Citigroup Inc. For this post I will only focus Google and Apple. I consider these two to be the giants of the stock market. As the saying goes what goes up must come down; I am worried about what seems to be an ever ballooning price of Google and Apple without an end. I think that Google is a bit more expose to a balloon because it’s a search engine and its therefore a bit easier to replicate.
Today Dec 3, 2012 Google is trading at $698.23 and Apple is $589.01. CNN Money has Apple projected to going as high as $1,111, medium projection is $760.00 and low projection is $600. Google is projected to go as high as $910, medium projection is $800 and low projection is $675.00. If you can’t or don’t want to buy Google and Apple stocks there are Mutual Funds and ETF’s with Google and Apple in their portfolio but doing research for either one is specially important as fees and other factors can eat into any gains.