The Buzz - Investment and Stock Market News

The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

Remember when Apple could do no wrong? Now Wall Street iHates Apple … and the tech infallibility torch has been firmly passed to Google.

Shares of Google (GOOG) topped $800 for the first time Tuesday. The stock is now up more than 13% so far this year. Google has gained nearly 45% since hitting a 52-week low last June.

Meanwhile, Apple (AAPL) is down more than 13% so far in 2013 — making it the third worst performing stock in the S&P 500. And since Apple hit its own all-time high last September, its shares have plunged 35%.

But how long can this last? Google does have the momentum right now. But as we’ve…

View original post 840 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: