The Prudent Speculator names Apple “stock of the month”

The Prudent Speculator, a popular investment newsletter, has named Apple its “stock of the month” for December. Excerpts from the newsletter can be found at Forbes. “Obviously, we do not expect a return to the glory days of the late 1990s, but Apple’s financial condition looks remarkably similar today as it did back in 1997 when it made its initial appearance as stock of the month,” writes John Buckingham for the publication.

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