Editors Note: The list of top stocks is derived from the quote pages that received the most views on Yahoo! Finance by examining data for the current week. It is not, however, a list of the most searched-for tickers or company names on our site.
1. Apple (AAPL)
Apple’s fall from grace accelerated yet again this week as more evidence of waning demand surfaced.
Shares of Apple dipped below $400 for the first time since December 2011 on Wednesday after supplier Cirrus Logic warned about first-quarter revenue. Analysts extrapolated that the warning was directly tied to slowing demand of apple products.
With popularity seemingly on the decline and still no new revolutionary products in sight, there was nothing to keep shares above the psychological $400 level.
“The Apple of old had both substance and sizzle,” said Breakout’s Jeff Macke. “Today, Apple is just an old company with great cash flow.”
Gene Munster, senior analyst at Piper Jaffray, believes we’re likely to start seeing some moreRead More »from Gold Giant Joins Top Stocks as Prices Plunge