Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, August 26, 2011

Article Excerpt

APPLE INC., $383.58, Nasdaq symbol AAPL, announced this week that Steve Jobs has resigned as its chief executive officer. However, he will continue as chairman of Apple’s board of directors. Jobs’ health has been an ongoing risk factor for Apple investors. That’s because has played a large role in developing some of Apple’s most successful products, such as the iPhone and iPad. The stock fell 6% on the news, but quickly recovered. That’s because Jobs has hired executives who will probably continue to create innovative products. Apple is still a hold. Apple was recently covered in the July 2011 issue of Wall Street Stock Forecaster. Click here to access it. Apple was recently covered the Wall Street Stock Forecaster Hotline for July 22, 2011. Click here to access it. BHP BILLITON LTD. ADRs, $81.96, New York symbol BHP, earned $21.7 billion, or $7.87 per ADR, in the fiscal year ended June 30, 2011 (each American Depositary Receipt represents two BHP common shares). That’s up…