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MarketWatch: ‘Apple is Piper Jaffray’s top large-cap pick’

Piper Jaffray has said that Apple is its top recommended large capitalization stock for the remainder of this year, reports MarketWatch. The research firm cites expectations of the introduction of several new products “Apple’s domination in digital music is a critical piece to the story, be we don not believe iPod is the only growth avenue for the company,” said analyst Gene Munster in a research note to clients.

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