Thursday, January 24, 2013

Apple Struggles - These Stocks Shine

Shares of Apple ($AAPL) are trading lower by 11% this morning and hit a low of $450, close to the lowest level in a year. The earnings report last night was not up to far and guidance was disappointing.

But as Apple struggles and investors continue to dump the stock, there are a handful of companies that are quietly flying under the radar. I thought it was important to put the entire market in perspective on a day when a bell weather such as Apple is leading the news cycle.

  • Rayonier ($RYN) - The timber REIT continues to shine with the entire timber sector, breaking to a new all-time high today.
  • Mattel ($MAT) - The toy maker has quietly put together a remarkable long-term chart and is hitting a fresh all-time high today.
  • The Walt Disney Company ($DIS) - No explanation here, think Mickey and ESPN hitting all-time highs.
There are also a handful of ETFs hitting all-time highs.

  • iShares S&P 400 Midcap Growth ETF ($IJK) - The mid-cap sector is often overlooked as investors focus on large and small-cap stocks. The growth portion of the sector continues to lead the charge higher, hitting a new all-time high today.
  • SPDR Consumer Staples ETF ($XLP) - The "boring" sector continues to slowly climb higher and today it is breaking out to a new all-time high.
  • iShares Dow Transports ETF ($IYT) - This ETF has been on a tear recently, up 8 straight days, led by airlines and railroad stocks.


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