Apple Is An Impossible Dream Come True

Thursday, August 25, 2011

Watching the stock market move up nicely and perhaps confirming a double bottom (see “Double Bottom? This Powerful, Positive Indicator Could Be Forming”), I decided to do an unusual screening. With stocks having been beaten down and growth forecasts being dismissed, why not screen for the perfect growth stock–the company that makes an inordinate amount of money, has high growth built on large sales increases with real profitability not dependent on a short-term burst or the “clever” use of financial leverage — and whose stock is “cheap.”

So, I opened up my FinViz.com screener and started loading in all the desirables. Step-by-step, the universe of stocks dwindled down, until I was left with only one: Apple Inc. (AAPL).

This article is posted on SeekingAlpha.com

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